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Bankers and Brokers First: Loose Ends in the Theory of Central Bank Policymaking

In: The Role of Central Banks in Financial Stability How Has It Changed?

Author

Listed:
  • Edward J. Kane

    (Boston College, USA)

Abstract

The following sections are included:Misconceptions about Crises and Crisis ResponseCentral Bank and Government Rescue ProgramsRethinking Systemic RiskUsefulness of Capital Requirements has been OversoldUndone by the Regulatory DialecticRecommendations for ReformTraditional Reporting and Incentive Frameworks are InadequateReferences

Suggested Citation

  • Edward J. Kane, 2013. "Bankers and Brokers First: Loose Ends in the Theory of Central Bank Policymaking," World Scientific Book Chapters, in: Douglas D Evanoff & Cornelia Holthausen & George G Kaufman & Manfred Kremer (ed.), The Role of Central Banks in Financial Stability How Has It Changed?, chapter 16, pages 309-325, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814449922_0016
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