000			01993cam a22003374a 4500
001			5772
003			The World Bank
006			m d
007			cr cn|||||||||
008			020129s2011 dcu i001 0 eng
024	8		_a10.1596/1813-9450-5772
035			_a(The World Bank)5772
100	1		_aKraft, Evan
245	1	0	_aMacroprudential Regulation of Credit Booms and Busts _h[electronic resource] : _bThe Case of Croatia / _cKraft, Evan
260			_aWashington, D.C., _bThe World Bank, _c2011
300			_a1 online resource (30 p.)
520	3		_aCroatia employed macroprudential measures to manage credit growth and capital inflows during the boom years of the 2000s, including reserve requirements on loan growth, a marginal reserve requirement on increases in foreign liabilities, foreign exchange liquidity minima, and elevated capital adequacy ratios. Although quantitative analysis is complicated by substantial overlaps among measures, the econometric results in this paper suggest that the measures were most effective in requiring banks to hold high liquidity and capital buffers, and less effective in slowing credit growth and capital inflows. Larger buffers seem to have helped Croatian banks weather the financial crisis, making the adjustments to capital and liquidity during the crisis smaller.
650		4	_aAccess to Finance
650		4	_aBankruptcy and Resolution of Financial Distress
650		4	_aBanks & Banking Reform
650		4	_aDebt Markets
650		4	_aEmerging Markets
650		4	_aFinance and Financial Sector Development
650		4	_aFinancial regulation
650		4	_aMacro-prudential policies
700	1		_aGalac, Tomislav
700	1		_aKraft, Evan
776	1	8	_aPrint version: _iKraft, Evan. _tMacroprudential Regulation of Credit Booms and Busts. _dWashington, D.C., The World Bank, 2011
830		0	_aPolicy research working papers.
830		0	_aWorld Bank e-Library.
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-5772
999			_c24270 _d24270