Financial Regulation and Stability

Released on by Charles Goodhart
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  • Financial Regulation and Stability Book Detail

  • Author : Charles Goodhart
  • Release Date : 2019
  • Publisher : Edward Elgar Publishing
  • Genre : BUSINESS & ECONOMICS
  • Pages : 352
  • ISBN 13 : 1788973658
  • File Size : 64,64 MB
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Financial Regulation and Stability by Charles Goodhart PDF Summary

Book Description: 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.

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