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...

Полное описание

Библиографические подробности
Главный автор: Schinasi, Garry
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2003.
Серии:IMF Working Papers; Working Paper ; No. 2003/121
Online-ссылка:Full text available on IMF