The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving … appropriate theoretical basis for financial regulation. In this book, the authors demonstrate how to enhance the theory, modelling … and practice of such regulation. The main determinant of financial instability is the default of financial institutions …

actors, be they individuals or institutions not permitted to contribute to financial market regulation as a public good. As … that arise between various interests and how these are managed within the process of regulation …

The achievement of financial stability is one of the most pressing issues today. This timely and innovative book … provides an analytical framework to assess financial (in)stability as an equilibrium phenomenon compatible with the orderly … financial stability management for both academics and policy-makers and provide guidance on how to undertake crisis prevention …

stability of the global financial system. This major new Research Handbook sets out to address some of the fundamental issues in … financial regulation from a comparative and international perspective and to identify some of the main research themes and …pt. 1. The structure of financial markets and the role of regulation -- pt. 2. Bank capital adequacy regulation and its …