What is the role of central banks in ensuring financial stability? This paper addresses this controversial..."> What is the role of central banks in ensuring financial stability? This paper addresses this controversial..."/>
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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 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 experience drawn on in the paper suggest that central banks: have a natural role to play; at times may require supervisory information to execute this natural role; and have incurred risks to their balance sheets to ensure financial stability.

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34135
Tersedia
Informasi Detail
Judul Seri
-
No. Panggil
34135
Penerbit
: International Monetary Fund.,
Deskripsi Fisik
19
Bahasa
ISBN/ISSN
1451854404
Klasifikasi
-
Tipe Isi
-
Tipe Media
-
Tipe Pembawa
-
Edisi
-
Subjek
-
Info Detail Spesifik
-
Pernyataan Tanggungjawab
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