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Towards a Measure of Financial Fragility

In: Financial Stability in Practice

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Abstract

The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In this book, the authors demonstrate how to enhance the theory, modelling and practice of such regulation.

Suggested Citation

  • ., 2012. "Towards a Measure of Financial Fragility," Chapters, in: Financial Stability in Practice, chapter 11, pages 213-250, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13107_11
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    Keywords

    Economics and Finance;

    Statistics

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