Macroprudential policy taming the wild gyrations of credit flows, debt stocks and asset prices /

The financial crisis of 2008 is probably the single most important economic event in post-war history. Macroprudential policy is the response to that crisis - a determined attempt to stabilize the financial system. This book explains why it is necessary, who will be responsible for executing this re...

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Bibliographic Details
Main Authors: Barwell, Richard
Published:
Literature type: Electronic Software eBook
Language: English
Subjects:
Online Access: http://www.palgraveconnect.com/doifinder/10.1057/9781137274465
Summary: The financial crisis of 2008 is probably the single most important economic event in post-war history. Macroprudential policy is the response to that crisis - a determined attempt to stabilize the financial system. This book explains why it is necessary, who will be responsible for executing this responsibility and how they will go about doing it.
Item Description: Electronic book text.
Epublication based on: 9781137274458, 2013.
Carrier Form: 400 p.
ISBN: 9781137274458
9781137274465 :
1137274468 :
CLC: F831
Contents: PART I: THE PRACTICE OF MACROPRUDENTIAL POLICY 1. Preliminaries 2. The Incalculable Costs of Financial Crises 3. Defining Financial Stability 4. Explaining the Failure to Act 5. A Whistle-stop Tour of the Microprudential Reform Agenda 6. The Design of Macroprudential Policy 7. Enter Macroprudential Policy 8. Resilience versus Credit Smoothing 9. A Cost Benefit Analysis of Macroprudential Policy 10. Managing the Contradictions 11. The Institutions of Macroprudential Policy 12. Macroprudential Policy in the United Kingdom 13. It ain't what you do, it's the reason you do it 14. The European Dim