English, Article, Journal or magazine article edition: Analysis of Financial Stability C.A.E. Goodhart; Charles Goodhart; Dimitrios Tsomocos

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Bookmark: http://trove.nla.gov.au/version/45724
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Analysis of Financial Stability
Author
  • C.A.E. Goodhart
  • Charles Goodhart
  • Dimitrios Tsomocos
Physical Description
  • preprint
Notes
  • On the macro-economic policy side of Central Banking a remarkable consensus has been emerging over the last two decades. This covers both the applicable theoretical framework for analysing the transmission mechanism of monetary policy and also the appropriate institutional structure for the Central Bank to deploy its macro-economic policies. There is no such consensus on the appropriate theoretical framework for the analysis of financial stability. Indeed some would claim that there is no proper theoretical framework for this function in being at all. However, we propose one such framework based on the work of Goodhart, Sunirand and Tsomocos (2004, 2005, 2006a and b).
  • RePEc:sbs:wpsefe:2007fe04
  • RePEc:fmg:fmgsps:sp173
Language
  • English
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