Responsibility of Central Banks for Stability in Financial Markets

Responsibility of Central Banks for Stability in Financial Markets
What is the role of central banks in ensuring financial stability? This paper addresses this controversial subject, in part by drawing on the experiences in Europe, Japan, and the United States, and by examining four questions. What is meant by financial stability? Do central banks have a natural role in ensuring financial stability? What does a... READ MORE...

Publication date: June 2003
ISBN 9781451854404
$15.00

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