ROLE OF CENTRAL BANKS IN FINANCIAL STABILITY, THE: HOW HAS IT CHANGED?: 30 (World Scientific Studies in International Economics) - Hardcover

DOUGLAS D EVANOFF, CORNELIA HOLTHAUSEN

Hardcover

ISBN 10: 9814449911 ISBN 13: 9789814449915

Verlag: World Scientific, 2013

Inhaltsangabe

FEDERAL RESERVE BANK OF CHICAGO, USA

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Reseña del editor

The two most topical issues in current financial markets deal with the causes of the recent financial crisis and the means to prevent future crises. This book addresses the latter and stresses a major shift in most countries toward a better understanding of financial stability and how it can be achieved. In particular, the papers in this volume examine the recent change in emphasis at central banks with regard to financial stability. For example: What were the cross-country differences in emphasis on financial stability in the past? Did these differences appear to affect the extent of the adverse impact of the financial crisis on individual countries? What are perceived to be the major future threats to financial stability? These and related issues are discussed in the book by well-known experts in the field - some of the best minds in the world pursuing financial stability. Following the global financial crisis, significant reforms have been initiated in many countries to address financial stability more directly, frequently focusing on macroprudential policy frameworks in which central banks play a more active role.

Über diese Auflage

• Verlag: World Scientific
• Erscheinungsdatum: 2013
• ISBN 10: 9814449911
• ISBN 13: 9789814449915
• Einband: Tapa dura
• Anzahl der Seiten: 462