Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria.
Generally speaking, the application of credit ceilings confronts the monetary authorities with a number of political and technical problems, such as the acceptability of distortions of and limits to market forces, the difficulty of administrative controls, and so on. Moreover, a systematic analysis...
| Main Authors: | , |
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| Format: | Article |
| Language: | Italian |
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Associazione Economia civile
2014-08-01
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| Series: | Moneta e Credito |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12558 |
| _version_ | 1811172738175336448 |
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| author | F. COTULA T. PADOA-SCHIOPPA |
| author_facet | F. COTULA T. PADOA-SCHIOPPA |
| author_sort | F. COTULA |
| collection | DOAJ |
| description | Generally speaking, the application of credit ceilings confronts the monetary authorities with a number of political and technical problems, such as the acceptability of distortions of and limits to market forces, the difficulty of administrative controls, and so on. Moreover, a systematic analysis of the economic implications of credit ceilings still has to be made, probably because of the novelty of these policy instruments. The present paper studies the effects and scope of the application of credit ceilings, whether they be considered a substitute for monetary base management or as an additional tool. The analysis is developed on the assumption that the banking system is made of a single large bank with many branches.
JEL: E51, E52, G28
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| first_indexed | 2024-04-10T17:35:22Z |
| format | Article |
| id | doaj.art-1ce15851b78a4e51baac86344dc1c18b |
| institution | Directory Open Access Journal |
| issn | 2037-3651 |
| language | Italian |
| last_indexed | 2024-04-10T17:35:22Z |
| publishDate | 2014-08-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | Moneta e Credito |
| spelling | doaj.art-1ce15851b78a4e51baac86344dc1c18b2023-02-03T16:38:17ZitaAssociazione Economia civileMoneta e Credito2037-36512014-08-01249410.13133/2037-3651/12558Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria.F. COTULAT. PADOA-SCHIOPPAGenerally speaking, the application of credit ceilings confronts the monetary authorities with a number of political and technical problems, such as the acceptability of distortions of and limits to market forces, the difficulty of administrative controls, and so on. Moreover, a systematic analysis of the economic implications of credit ceilings still has to be made, probably because of the novelty of these policy instruments. The present paper studies the effects and scope of the application of credit ceilings, whether they be considered a substitute for monetary base management or as an additional tool. The analysis is developed on the assumption that the banking system is made of a single large bank with many branches. JEL: E51, E52, G28 https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12558Credit ceilingsmonetary policymonetary base managementauthoritiesbanking system |
| spellingShingle | F. COTULA T. PADOA-SCHIOPPA Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria. Moneta e Credito Credit ceilings monetary policy monetary base management authorities banking system |
| title | Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria. |
| title_full | Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria. |
| title_fullStr | Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria. |
| title_full_unstemmed | Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria. |
| title_short | Il controllo quantitativo del credito: i "massimali" come strumento di politica monetaria. |
| title_sort | il controllo quantitativo del credito i massimali come strumento di politica monetaria |
| topic | Credit ceilings monetary policy monetary base management authorities banking system |
| url | https://rosa.uniroma1.it/rosa04/moneta_e_credito/article/view/12558 |
| work_keys_str_mv | AT fcotula ilcontrolloquantitativodelcreditoimassimalicomestrumentodipoliticamonetaria AT tpadoaschioppa ilcontrolloquantitativodelcreditoimassimalicomestrumentodipoliticamonetaria |