Showing 1 - 10 of 17
Financial supervision focuses on the aggregate (macroprudential) in addition to the individual (microprudential). But an agreed framework for measuring and addressing financial imbalances is lacking. We propose a holistic approach for the financial system as a whole, beyond banking. Building on...
Persistent link: https://www.econbiz.de/10011389515
European Union (EU) countries offer a unique experience of financial regulatory and supervisory integration … markets. However, the policy framework proved inadequate in the context of the major financial crisis in the EU starting in … structural institutional change for the EU, arguably the most significant since the introduction of the euro. Even in its current …
Persistent link: https://www.econbiz.de/10011561790
Persistent link: https://www.econbiz.de/10010440890
Persistent link: https://www.econbiz.de/10012233167
The financial trilemma states that financial stability, financial integration and national financial policies are incompatible. Any two of the three objectives can be combined but not all three; one has to give. This paper develops a model to underpin the financial trilemma. Our findings for...
Persistent link: https://www.econbiz.de/10011382998
Persistent link: https://www.econbiz.de/10008824710
Persistent link: https://www.econbiz.de/10010191428
Persistent link: https://www.econbiz.de/10010383568
Persistent link: https://www.econbiz.de/10003363545
Persistent link: https://www.econbiz.de/10002886613