Financial Stability Frameworks and the Role of Central Banks : Lessons From the Crisis /

This paper sets out general principles for the design of financial stability frameworks, starting from an analysis of the objectives and tools of financial regulation. The paper then offers a comprehensive analysis of the costs and benefits of the two main models that have emerged for modern financi...

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Hlavní autor: Nier, Erlend
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:IMF Working Papers; Working Paper ; No. 2009/070
On-line přístup:Full text available on IMF