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The global financial crisis (as well as the European sovereign debt crisis) has led to a substantial redesign of rules and institutions - aiming in particular at underwriting financial stability. At the same time, the crisis generated a renewed interest in properly appraising systemic financial...
Persistent link: https://www.econbiz.de/10011318450
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In 2008 - 09 the world experienced the most severe financial and economic crisis since the Great Depression. The global …, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level, however, the crisis … monetary policy and financial regulation. The practice of both monetary policy and financial regulation had tended to become …
Persistent link: https://www.econbiz.de/10008907783
Persistent link: https://www.econbiz.de/10008657582
policy response to the COVID-19 pandemic across 154 jurisdictions. It documents that authorities around the world have taken …
Persistent link: https://www.econbiz.de/10012434630
In 2008–09 the world experienced the most severe financial and economic crisis since the Great Depression. The global …, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level, however, the crisis … monetary policy and financial regulation. The practice of both monetary policy and financial regulation had tended to become …
Persistent link: https://www.econbiz.de/10013115011
This paper explains the nature of interest rates in the U.S. federal funds market after the 2007-09 financial crisis. We build a model of the over-the-counter lending market that incorporates new aspects of the financial system: abundance of liquidity, different regulatory standards for banks,...
Persistent link: https://www.econbiz.de/10013466133
Turmoil in financial markets causes reflection. Is monetary policy conducted in the most efficient way? Are regulatory and supervisory arrangements adequate when market volatility increases and financial institutions come under stress? In the present SUERF Study, we have collected the...
Persistent link: https://www.econbiz.de/10011705069