Financial Stability in Practice: Towards an Uncertain Future - Rilegato

Goodhart, Charles A. E.; Tsomocos, Dimitrios P.

Rilegato

ISBN 10: 1847208932 ISBN 13: 9781847208934

Casa editrice: Edward Elgar Pub, 2012

Riassunto

The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In this book, the authors demonstrate how to enhance the theory, modeling and practice of such regulation.

The main determinant of financial instability is the default of financial institutions. The authors highlight the importance of the appropriate incorporation of default into macro-financial models and its interaction with liquidity. Besides covering the historical development and current stance of financial regulation, the book includes a number of policy-oriented chapters revealing how the authors' modeling approach can improve the process.

This authoritative book will serve as a basis for future work on financial stability management for both academics and policy makers and provide guidance on how to undertake crisis prevention and resolution.

Su questo libro

Informazioni sull'autore

Charles A.E. Goodhart, Emeritus Professor of Banking and Finance, and long-standing member of the Financial Markets Group, at the London School of Economics, UK and Dimitrios P. Tsomocos, Professor University Reader in Financial Economics and Fellow in Management, Saïd Business School and St. Edmund Hall, University of Oxford, UK

Dettagli dell'edizione

• Editore: Edward Elgar Pub
• Data di pubblicazione: 2012
• Lingua: Inglese
• ISBN 10: 1847208932
• ISBN 13: 9781847208934
• Rilegatura: Copertina rigida
• Numero di pagine: 531
• Contatto del produttore: non disponibile
• Persona responsabile: Buchpark GmbH; gpsr@buchpark.de; ; Krügerweg 1; Trebbin; Brandenburg; 14959; Germania