Taming the cycles of finance?: central banks and the macro-prudential shift in financial regulation
Auteur :
Thiemann, Matthias
Éditeur :
Cambridge University Press
ISBN :
9781009233132
Date de publication :
22 févr. 2024
Dimensions :
23,5 x 15,8 x 2,5 cm
Poids :
650 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Central banks act as systemic firefighters, quelling financial instability. This book traces post-crisis attempts to limit instability, turning central banks de facto into policemen. It details the massive investment of central bank economists to enable this preventive policy and shows administrative and political constraints limiting its effects.