{"product_id":"9783319828527","title":"Bank Credit Extension and Real Economic Activity in South Africa: The Impact of Capital Flow Dynamics, Bank Regulation and Selected Macro-prudential Tools","description":"\u003ch1\u003eBank Credit Extension and Real Economic Activity in South Africa: The Impact of Capital Flow Dynamics, Bank Regulation and Selected Macro-prudential Tools\u003c\/h1\u003e \u003ch2\u003eGumata, Nombulelo; Ndou, Eliphas\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book presents empirical evidence that supports and facilitates a  practical, integrated approach to how bank regulatory and selected  macro-prudential tools interact with monetary policy to achieve price and financial  stability. The empirical results contained in various chapters accompany  in-depth historical analysis and counterfactual scenarios that enable proper  policy evaluation and the interaction of bank regulatory, macro-prudential and  monetary policy tools in South Africa. The presented evidence also identifies financial asset boom and bust  episodes and the associated costly output losses. In addition, the authors explore the amplification of credit dynamics by commodity prices and sector credit re-allocation due to capital inflows shocks. The book’s empirical  analysis uses a wide range of statistical and econometric approaches on  granular data and economic variables to derive policy implications and  recommendations. This in-depth quantitative analysis includesdetermining  inverse transmission of global liquidity, as well as the effects of capital  flows, lending-rate margins, financial regulatory uncertainty, the National  Credit Act, bank capital-adequacy ratios, bank loan loss provisions,  loan-to-value ratios and repayment-to-income ratios on the macro-economy.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 2018-08-18\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783319828527\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-319-43551-0\u003c\/p\u003e \u003cp\u003eDimensions: 210cm x148cm\u003c\/p\u003e \u003cp\u003ePages: 582\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":45589471625356,"sku":"9783319828527","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319828527.jpg?v=1776026004","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783319828527","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}