Financial Regulation and Stability
Download or Read eBook Financial Regulation and Stability PDF written by Charles Goodhart and published by Edward Elgar Publishing. This book was released on 2019 with total page 339 pages. Available in PDF, EPUB and Kindle.
| Author | : Charles Goodhart |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 339 |
| Release | : 2019 |
| ISBN-10 | : 9781788973656 |
| ISBN-13 | : 1788973658 |
| Rating | : 4/5 (56 Downloads) |
Book Synopsis Financial Regulation and Stability by : Charles Goodhart
Book excerpt: This book addresses the interaction of monetary and regulatory policy to achieve the important goal of price and financial stability. The authors show how financial stability can be assessed and measured continuously, and discuss the interrelationships between liquidity and default. Without default there would be no concern about liquidity. But the financial crisis was not just a liquidity problem, and requires a general equilibrium model. Their general equilibrium analysis demonstrates how policy should depend on understanding all the relevant factors.
