Financial Stability in Practice: Towards an Uncertain Future

Front Cover
Edward Elgar, 2012 - Business & Economics - 531 pages
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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, modelling and practice of such regulation.

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