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The aim of this essay is to provide an overview of the Financial Stability Board's (FSB) mandate and tools to safeguard financial stability and reduce systemic risks based on the methodological perspective of a legal analysis. It examines some of the recommendations that the FSB has published,...
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regulations. It models the institutional behaviour for the central bank and government using the Indirect Inference testing and … contributes little to stabilise the economy. After the financial crisis, financial regulations were too severe and thus actually …
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