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Responsibility of Central Banks for Stability in Financial Markets

Responsibility of Central Banks for Stability in Financial Markets( )
Author: Schinasi, Garry J.
Series title:IMF Working Papers
ISBN:978-1-4518-9977-1
Publication Date:Jun 2003
Publisher:International Monetary Fund
Book Format:Ebook
List Price:Contact Supplier contact
Book Description:

What is the role of central banks in ensuring financial stability? This paper addresses this controversial subject, in part by drawing on the experiences in Europe, Japan, and the United States, and by examining four questions. What is meant by financial stability? Do central banks have a natural role in ensuring financial stability? What does a central bank need to execute this role effectively? How far have central banks actually gone in safeguarding financial stability? The...
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Book Details
Pages:19
Physical Dimensions (W X L X H):8.5 x 11 x 0.3 Inches



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