Towards a framework for financial stability
AbstractThis study examines the emergence of financial stability as a key police objective. It discusses the underlying trends in the financial system, as well as the role of finance in relation to money, the real economy and public policy. Financial stability is defined in terms of its ability to help the economic system allocate resources, manage risk and absorbs shocks. Moreover, financial stability is considered a continuum, changeable over time and consistent with multiple combinations of its constituent elements. On the basis of these concepts, a framework is presented that comprises an encompassing analyses and assessment of financial stability, and maps out broad policy implications.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Netherlands Central Bank, Research Department in its series DNB Occasional Studies with number 201.
Date of creation: Jun 2004
Date of revision:
Financial stability; Police framework;
Find related papers by JEL classification:
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- G00 - Financial Economics - - General - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Joke Mooij & Henriette Prast, 2002.
"A Brief History of the Institutional Design of Banking Supervision in the Netherlands,"
WO Research Memoranda (discontinued)
703, Netherlands Central Bank, Research Department.
- Joke Mooij & Henriette Prast, 2002. "A Brief History of the Institutional Design of Banking Supervision in the Netherlands," Research Series Supervision (discontinued) 48, Netherlands Central Bank, Directorate Supervision.
- Larry D. Wall, 1997. "Taking note of the deposit insurance fund: a plan for the FDIC to issue capital notes," Economic Review, Federal Reserve Bank of Atlanta, issue Q 1, pages 14-30.
- Gropp, Reint & Vesala, Jukka, 2001.
"Deposit insurance and moral hazard: does the counterfactual matter?,"
Working Paper Series
0047, European Central Bank.
- Gropp, R. & Vesala, J., 2001. "Deposit Insurance and Moral Hazard: Does the Counterfactual Matter?," Papers 47, Quebec a Montreal - Recherche en gestion.
- Chan, Yuk-Shee & Greenbaum, Stuart I & Thakor, Anjan V, 1992.
" Is Fairly Priced Deposit Insurance Possible?,"
Journal of Finance,
American Finance Association, vol. 47(1), pages 227-45, March.
- Unknown, 2010.
"Reform of the Global Financial Architecture,"
- Henri�tte Prast & Iman van Lelyveld, 2004.
"New Architectures in the Regulation and Supervision of Financial Markets and Institutions: The Netherlands,"
DNB Working Papers
021, Netherlands Central Bank, Research Department.
- Prast, H.M. & Lelyveld, I. van, 2004. "New architectures in the regulation and supervision of financial markets and institutions: The Netherlands," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4296154, Tilburg University.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rob Vet).
If references are entirely missing, you can add them using this form.