The impact of higher leverage ratios on the South African economy
(2021)
Journal Article
Makrelov, K., Davies, R., & Harris, L. (2021). The impact of higher leverage ratios on the South African economy. Studies in Economics and Econometrics, 45(3), 184-207. https://doi.org/10.1080/03796205.2021.2016480
We employ a micro-founded, stock-flow consistent computable general equilibrium model to study the impact of increases of the leverage ratio on the South African economy. The model provides for a richer representation of institutional balance sheets... Read More about The impact of higher leverage ratios on the South African economy.