Author: Martin Cihák
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 60
Get Book
Book Description
To showcase their increasing focus on financial stability, many central banks and other institutions have started publishing regular reports on financial stability. The paper presents a survey of the available financial stability reports, and proposes a framework for assessing such documents. It illustrates how the framework can be implemented, and uses the findings to identify prevalent practices, recent trends, and areas for improvement.
Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Get Book
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Author: Richard Brearley
Publisher: Routledge
ISBN: 1134516355
Category : Business & Economics
Languages : en
Pages : 329
Get Book
Book Description
An overview of present day thought on the very topical subject of financial stability and central banking. The papers, written by leading researchers, provide a highly informed account of contemporary policy issues and explore the legal, regulatory, managerial and economic issues that affect central banks.
Author: Mr.Garry J. Schinasi
Publisher: International Monetary Fund
ISBN: 1451854404
Category : Business & Economics
Languages : en
Pages : 19
Get Book
Book Description
What is the role of central banks in ensuring financial stability? This paper addresses this controversial subject, in part by drawing on the experiences in Europe, Japan, and the United States, and by examining four questions. What is meant by financial stability? Do central banks have a natural role in ensuring financial stability? What does a central bank need to execute this role effectively? How far have central banks actually gone in safeguarding financial stability? The experience drawn on in the paper suggest that central banks: have a natural role to play; at times may require supervisory information to execute this natural role; and have incurred risks to their balance sheets to ensure financial stability.
Author: Ms.Sònia Muñoz
Publisher: International Monetary Fund
ISBN: 1463929927
Category : Business & Economics
Languages : en
Pages : 52
Get Book
Book Description
The global financial crisis has renewed policymakers' interest in improving the policy framework for financial stability, and an open question is to what extent and in what form should financial stability reports be part of it. We examine the recent experience with central banks' financial stability reports, and find?despite some progress in recent years?that forward-looking perspective and analysis of financial interconnectedness are often lacking. We also find that higher-quality reports tend to be associated with more stable financial environments. However, there is only a weak empirical link between financial stability report publication per se and financial stability. This suggests room for improvement in terms of the quality of financial stability reports.
Author: Charles Albert Eric Goodhart
Publisher: MIT Press
ISBN: 9780262071673
Category : Business & Economics
Languages : en
Pages : 560
Get Book
Book Description
As economic advisor to the Bank of England for many years, C. A. E. Goodhart is uniquely positioned to assess the role of the central bank in the modern financial system. This book brings together twenty-one of his previously published articles dealing with the changing functions of central banks over time, recent efforts to maintain price stability, and debates over specific financial regulation proposals in the UK. Although the current day-to-day operations of central banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole has generally been accepted without much question, despite several attempts by economists in recent decades to challenge the value of the institution. C. A. E. Goodhart brings his knowledge of both the theoretical arguments and the actual working of central banks to bear in these essays. Part I looks at the general purposes and functions of central banks within the financial system and their evolution over time. Part II concentrates on the current objectives and operations of central banks, and the maintenance of price stability in particular. Part III analyzes the broader issues of financial regulation.
Author: Douglas Darrell Evanoff
Publisher: World Scientific
ISBN: 981444992X
Category : Business & Economics
Languages : en
Pages : 462
Get Book
Book Description
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 OCo 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."
Author: de Haan, Jakob
Publisher: Edward Elgar Publishing
ISBN: 1839104872
Category : Business & Economics
Languages : en
Pages : 125
Get Book
Book Description
Written by two expert economists, this comprehensive Advanced Introduction provides a thorough and up-to-date analysis of central banks and monetary policy, analysing the ways in which views about monetary policy have developed and changed.
Author: Richard Arthur Brealey (Finanzexperte)
Publisher:
ISBN: 9780203547472
Category : Banks and banking, Central
Languages : en
Pages :
Get Book
Book Description
Author: Michael D. Bordo
Publisher: Cambridge University Press
ISBN: 1107149665
Category : Business & Economics
Languages : en
Pages : 719
Get Book
Book Description
This book discusses the role of central banks and draws lessons from examining their evolution over the past two centuries.
