Systemic Risk, Crises, and Macroprudential Regulation

Released on by Xavier Freixas
preview-18

  • Systemic Risk, Crises, and Macroprudential Regulation Book Detail

  • Author : Xavier Freixas
  • Release Date : 2023-08-22
  • Publisher : MIT Press
  • Genre : Business & Economics
  • Pages : 487
  • ISBN 13 : 0262549018
  • File Size : 28,28 MB
DOWNLOAD BOOK

Systemic Risk, Crises, and Macroprudential Regulation by Xavier Freixas PDF Summary

Book Description: A framework for macroprudential regulation that defines systemic risk and macroprudential policy, describes macroprudential tools, and surveys the effectiveness of existing macroprudential regulation. The recent financial crisis has shattered all standard approaches to banking regulation. Regulators now recognize that banking regulation cannot be simply based on individual financial institutions' risks. Instead, systemic risk and macroprudential regulation have come to the forefront of the new regulatory paradigm. Yet our knowledge of these two core aspects of regulation is still limited and fragmented. This book offers a framework for understanding the reasons for the regulatory shift from a microprudential to a macroprudential approach to financial regulation. It defines systemic risk and macroprudential policy, cutting through the generalized confusion as to their meaning; contrasts macroprudential to microprudential approaches; discusses the interaction of macroprudential policy with macroeconomic policy (monetary policy in particular); and describes macroprudential tools and experiences with macroprudential regulation around the world. The book also considers the remaining challenges for establishing effective macroprudential policy and broader issues in regulatory reform. These include the optimal size and structure of the financial system, the multiplicity of regulatory bodies in the United States, the supervision of cross-border financial institutions, and the need for international cooperation on macroprudential policies.

Disclaimer: www.yourbookbest.com does not own Systemic Risk, Crises, and Macroprudential Regulation books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Hall of Mirrors

Hall of Mirrors

File Size : 42,42 MB
Total View : 4017 Views
DOWNLOAD

"A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--

Preludes to the Icelandic Financial Crisis

Preludes to the Icelandic Financial Crisis

File Size : 9,9 MB
Total View : 8601 Views
DOWNLOAD

Iceland became one of the symbols of the global financial crisis. It provides an ideal test case for the perceptions of economists, in particular their ability

Bringing Down the Banking System

Bringing Down the Banking System

File Size : 91,91 MB
Total View : 4487 Views
DOWNLOAD

divThe combined collapse of Iceland's three largest banks in 2008 is the third largest bankruptcy in history and the largest banking system collapse suffered by