The new financial regulation in Basel III and monetary policy: A macroprudential approach
نویسندگان
چکیده
منابع مشابه
A Macroprudential Approach to Financial Regulation
M any observers have argued that the regulatory framework in place prior to the global fi nancial crisis was defi cient because it was largely “microprudential” in nature (Crockett, 2000; Borio, Furfi ne, and Lowe, 2001; Borio, 2003; Kashyap and Stein, 2004; Kashyap, Rajan, and Stein, 2008; Brunnermeier, Crockett, Goodhart, Persaud, and Shin, 2009; Bank of England, 2009; French et al., 2010). A...
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ژورنال
عنوان ژورنال: Journal of Financial Stability
سال: 2016
ISSN: 1572-3089
DOI: 10.1016/j.jfs.2016.07.012