By incorporating the factor of financial stability into monetary policy framework, this paper studies the stability based monetary policy rules based on both theoretical and empirical analysis. Our study shows that, compared with the traditional interest rate rules based on output and inflation gap, th...
The focus will be on financial stability as an objective of policy within a more general framework of policies. The theoretical framework upon which we base our policy conclusions is summarised to provide understandings of the operation of the economy and the need for policy interventions, before ...
This would help maintain the stability of the entire financial industrial chain. At the same time, third-party payment agencies can use their strong credit evaluation records and credit disclosure mechanisms to enhance cooperation with the financial industry. Third-party payment companies may also push...
Freedom of contract and financial stability through the lens of the Legal Theory of Finance (LTF): LTF approaches to ABS, Pari Passu-Clauses, CCPs, and Bas... Freedom of contract and financial stability through the lens of the Legal Theory of Finance (LTF): LTF approaches to ABS, Pari ...
The Governance of the Financial Stability Board The article describes the legal framework for international financial regulations with regards to the impact of global financial crisis. It begins with the... D Lombardi 被引量: 10发表: 2011年 Designing the Financial Stability Board: a theoretical inve...
In this paper, we employ an agent based simulation framework in order to test for the short-term and long-term effects of Brexit on financial stability on both sides of the Channel. The relative strength of the UK economy and the banking sector vis-a-vis the EU is taken under ...
Later in 2010, INFE and a Russian trust fund introduced a collaborative project to improve financial literacy and inclusion to attain financial stability in OECD countries. Since the region has significant national and cross-sectional differences, therefore, a comprehensive policy to boost the financial...
来自 rba.gov.au 喜欢 0 阅读量: 64 作者: April 摘要: Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience DOI: http://www.rba.gov.au/fin-stability/forum-report.html 被引量: 526 年份: 2008 ...
Additionally, despite the general belief that central bank independence is beneficial not only for price stability but also for financial stability, the theoretical model of Berger and Kißmer (2013) contradicts this view. Third, the delegation of powers among the regulatory agencies and the ...
A framework for assessing financial stability? Journal of Banking and Finance (2006) K. Inui et al. On the significance of expected shortfall as a coherent risk measure Journal of Banking and Finance (2005) A. Lehar Measuring systemic risk: A risk management approach Journal of Banking and Fin...