Hardcover boards are Very Good with light rubbing, the remains of glue from sticker on spine, and the remains of a label on back pasted down endpaper. Not an ex-library copy. Otherwise, text is pristine and binding as if little read or unread.

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Bibliographic Details

Title: Financial Stability in Practice towards an Uncertain Future
Publisher: Edward Elgar Publishing
Publication Date: 2012
Language: English
ISBN 10: 1847208932
ISBN 13: 9781847208934
Binding: Hardcover
Condition: Very Good
Book Type: book

About this title

Synopsis

The maintenance of financial stability is a key objective of monetary policy, but the record of regulators in achieving this has been lamentable in recent years. This failure has been matched by an equivalent inability to establish an appropriate theoretical basis for financial regulation. In this book, the authors demonstrate how to enhance the theory, modeling and practice of such regulation.

The main determinant of financial instability is the default of financial institutions. The authors highlight the importance of the appropriate incorporation of default into macro-financial models and its interaction with liquidity. Besides covering the historical development and current stance of financial regulation, the book includes a number of policy-oriented chapters revealing how the authors' modeling approach can improve the process.

This authoritative book will serve as a basis for future work on financial stability management for both academics and policy makers and provide guidance on how to undertake crisis prevention and resolution.

About the Author

Charles A.E. Goodhart, Emeritus Professor of Banking and Finance, and long-standing member of the Financial Markets Group, at the London School of Economics, UK and Dimitrios P. Tsomocos, Professor University Reader in Financial Economics and Fellow in Management, Sa�d Business School and St. Edmund Hall, University of Oxford, UK

"About this title" may belong to another edition of this title.

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HHFoodBank is a charity in Bloomington, IN that serves nearly 100 member agencies in South Central Indiana. Our agencies serve the ill, needy, young and old. They provide food to over 26,000 individuals each year. We collect books for our annual Book Fair to sell, that allows us to purchase food since the demand is constantly so high.

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