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Financial Stability in Practice: Towards an Uncertain Future - Tapa dura

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

 
9781847208934: Financial Stability in Practice: Towards an Uncertain Future
Tapa dura
ISBN 10: 1847208932 ISBN 13: 9781847208934
Editorial: Edward Elgar Publishing Ltd, 2012

Sinopsis

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.

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Acerca del autor

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

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Edward Elgar Publishing Ltd
Año de publicación
2012
Idioma
Inglés
ISBN 10 
1847208932
ISBN 13 
9781847208934
Encuadernación
Tapa dura
Número de páginas
552
Contacto del fabricante
no disponible
Persona responsable
Buchpark GmbH
gpsr@buchpark.de

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