Arbeitspapier
On the credit-to-GDP gap and spurious medium-term cycles
The Basel III framework advises considering a reference indicator at the country level to guide the setting of the countercyclical capital buffer: the credit-to-GDP gap. In this paper, I provide empirical evidence suggesting that the credit-to-GDP gap is subject to spurious medium-term cycles, i.e. artificial boom-bust cycles with a maximum duration of around 40 years.
- ISBN
-
978-3-95729-715-0
- Sprache
-
Englisch
- Erschienen in
-
Series: Deutsche Bundesbank Discussion Paper ; No. 28/2020
- Klassifikation
-
Wirtschaft
Econometric and Statistical Methods and Methodology: General
Business Fluctuations; Cycles
Central Banks and Their Policies
Financial Crises
- Thema
-
Basel III
Hodrick-Prescott filter
detrending
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Schüler, Yves
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsche Bundesbank
- (wo)
-
Frankfurt a. M.
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft.
Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Schüler, Yves
- Deutsche Bundesbank
Entstanden
- 2020
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