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Financial Stability: What It Is and Why It Matters

Author

Listed:
  • Charles Freedman

    (Carleton University)

  • Clyde Goodlet

Abstract

What is financial stability? What is the role of the central bank and other government agencies in bringing it about? What are the implications for the private sector?

Suggested Citation

  • Charles Freedman & Clyde Goodlet, 2007. "Financial Stability: What It Is and Why It Matters," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 256, November.
    • Handle: RePEc:cdh:commen:256
    as

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    File URL: https://www.cdhowe.org/public-policy-research/financial-stability-what-it-and-why-it-matters
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    References listed on IDEAS

    as
    1. Lawrence L. Herman, 2007. "American Corn and Canadian Trade Actions: One Step Forward, Two Steps Back," e-briefs 42, C.D. Howe Institute.
    2. Mark Jaccard & Nic Rivers, 2007. "Estimating the Effect of the Canadian Government's 2006-2007 Greenhouse Gas Policies," e-briefs 46, C.D. Howe Institute.
    3. David Johnson, 2007. "School Grades: Identifying Alberta’s Best Public Schools," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 104, September.
    4. Thorsten V. Koeppl & James MacGee, 2007. "Branching Out: The Urgent Need to Transform Canada’s Financial Landscape and How to Do It," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 251, June.
    5. Dimitrios P Tsomocos & C.A.E. Goodhart, 2007. "Analysis of Financial Stability," Economics Series Working Papers 2007-FE-04, University of Oxford, Department of Economics.
    6. David Laidler, 2003. "The price level, relative prices and economic stability: aspects of the interwar debate," BIS Working Papers 136, Bank for International Settlements.
    7. William B.P. Robson, 2007. "Stuck on a Spoke: Proliferating Bilateral Trade Deals are a Dangerous Game for Canada," e-briefs 47, C.D. Howe Institute.
    8. Robert Z. Aliber, 2005. "The 35 Most Tumultuous Years in Monetary History: Shocks, the Transfer Problem, and Financial Trauma," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 1-9.
    9. Michael Smart, 2007. "Lessons in Harmony: What Experience in the Atlantic Provinces Shows About the Benefits of a Harmonized Sales Tax," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 253, July.
    10. Kathleen E. Macmillan & Patrick Grady, 2007. "A New Prescription: Can the BC-Alberta TILMA Resuscitate Internal Trade in Canada?," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 106, October.
    11. Hoggarth, Glenn & Reis, Ricardo & Saporta, Victoria, 2002. "Costs of banking system instability: Some empirical evidence," Journal of Banking & Finance, Elsevier, vol. 26(5), pages 825-855, May.
    12. Philip Lowe & Claudio Borio, 2002. "Asset prices, financial and monetary stability: exploring the nexus," BIS Working Papers 114, Bank for International Settlements.
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    Citations

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    Cited by:

    1. Maciej Kotowski, 2007. "Insuring Canada’s Exports: The Case for Reform at Export Development Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 257, December.
    2. Clyde Goodlet, 2010. "Too Big to Fail: A Misguided Policy in Times of Financial Turmoil," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 311, October.
    3. Christopher Ragan, 2011. "Precision Targeting: The Economics – and Politics – of Improving Canada’s Inflation-Targeting Framework," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 321, February.
    4. Alina Cristina Nuta & Florian Marcel Nuta, 2012. "Analysis Of The Romanian Financial Stability In The Context Of The Economic Downturn," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 174-178, September.

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    More about this item

    Keywords

    monetary policy; financial stability;

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

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