Financial Regulation: A Transatlantic Perspective - Couverture rigide

Couverture rigide

ISBN 10 : 1107084261 ISBN 13 : 9781107084261

Editeur : Cambridge University Press, 2015

A propos du livre

Présentation de l'éditeur :

The 2007 to 2009 financial crisis resulted in the re-emergence of the debate on financial regulation and its relationships with other macroeconomic policies, particularly monetary policy. In Europe, the financial crisis was followed by the sovereign debt crisis, as the bail-out of the financial sector put strains on public finances in several countries. The sequence of events called for a strengthening of the union, ranging from a common framework for supervisory policy that could minimize the risk of unforeseen bank or country defaults to a common resolution mechanism that could set equal rules across countries and reduce ex-ante mis-incentives to risk-taking and moral hazard. This analysis of the state of and prospects for financial regulation examines the lending and saving behavior of banks and households as well as their borrowing activities in order to understand the conflicting priorities and complicated decisions involved in the development and implementation of financial legislation.

Biographie de l'auteur :

Ester Faia holds the Chair in Monetary and Fiscal Policy at Goethe University, Frankfurt am Main, Germany, and is Program Director of the macro-finance area at the Research Center SAFE.

À propos de cette édition

• Éditeur: Cambridge University Press
• Date d'édition: 2015
• ISBN 10: 1107084261
• ISBN 13: 9781107084261
• Reliure: Relié
• Nombre de pages: 374