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Financial Regulation and Stability

Author

Listed:
  • Charles Goodhart
  • Dimitrios P. Tsomocos

Abstract

This book addresses the interaction of monetary and regulatory policy to achieve the important goal of price and financial stability. The authors show how financial stability can be assessed and measured continuously, and discuss the interrelationships between liquidity and default. Without default there would be no concern about liquidity. But the financial crisis was not just a liquidity problem, and requires a general equilibrium model. Their general equilibrium analysis demonstrates how policy should depend on understanding all the relevant factors.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Charles Goodhart & Dimitrios P. Tsomocos, 2019. "Financial Regulation and Stability," Books, Edward Elgar Publishing, number 18568.
    • Handle: RePEc:elg:eebook:18568
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    File URL: https://www.elgaronline.com/view/9781788973649.xml
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    The following chapters of this book are listed in IDEAS

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    Keywords

    Economics and Finance;

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