English, Article edition: Prudential Policy Rochet, Jean-Charles

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Bookmark: http://trove.nla.gov.au/version/35425
Physical Description
  • article
Language
  • English

Edition details

Title
  • Prudential Policy
Author
  • Rochet, Jean-Charles
Physical Description
  • article
Notes
  • This paper studies the rationale behind prudential policies in the banking sector. The main components of these prudential policies are deposit insurance, solvency regulations, and emergency liquidity assistance by the central bank, acting as a lender of last resort. We discuss the institutional arrangements that are necessary to limit the frequency and extent of individual bank failures as well as those of systemic banking crises.
  • RePEc:ime:imemes:v:23:y:2005:i:s1:p:93-119
Language
  • English
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