Monetary Policy and Financial Stability — Summary of the 33rd Economics Conference of the Oesterreichische Nationalbank
AbstractThe 33rd Economics Conference of the Oesterreichische Nationalbank (OeNB)1 on May 12 and 13, 2005, was motivated by the increasing globalization of the banking sector, which raises questions concerning the division of supervision-related costs and the potential burdens of financial crisis management. In order to fulfill their mandate to maintain price stability, central banks have to attach paramount importance to monitoring financial stability. Although the level of central bank involvement in banking supervision differs across the EU, central banks continue to play an important role in guaranteeing financial stability and carrying out banking supervision. Thus, it is vital to integrate financial stability analysis in the wider context of monetary and economic analysis. The OeNB promoted the exchange of views on these issues during its Economics Conference by inviting speakers, who addressed related questions from different points of view, presenting the perspectives of central bankers, supervisory authorities, academics and the financial industry.
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Bibliographic InfoArticle provided by Oesterreichische Nationalbank (Austrian Central Bank) in its journal Monetary Policy and the Economy.
Volume (Year): (2005)
Issue (Month): 3 (November)
Postal: Oesterreichische Nationalbank, Documentation Management and Communications Services, Otto-Wagner Platz 3, A-1090 Vienna, Austria
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