Responsibility of Central Banks for Stability in Financial Markets /

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 ro...

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Détails bibliographiques
Auteur principal: Schinasi, Garry
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2003.
Collection:IMF Working Papers; Working Paper ; No. 2003/121
Accès en ligne:Full text available on IMF