Why is financial stability a goal of public policy?

Handbook of Monetary Policy

Volumn , Issue , 2020, Pages 69-86

  Crockett, Andrew ^a  

^a BANK FOR INTERNATIONAL SETTLEMENTS   (Switzerland)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 85121172178     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.4324/9780429270949-4     Document Type: Chapter

References (19)

1. Goodhart, C. A. E., Hartmann, P., Llewellyn, D. T., Rojas-Suares, L., and Weisbrod, S. R. 1997. Financial Regulation: Why, How and Where Now? Monograph for the Central Bank Governors’ Meeting at the Bank of England, June 6.
2. Corrigan, E. G. 1996. Remarks at the Symposium on Risk Reduction in Payments Clearance and Settlement Systems, New York, Goldman Sachs and Co., January 25.
3. Goldstein, M. 1997. The Case for an International Banking Standard. Institute for International Economics, Washington, D.C., April.
4. Honohan, P. 1996. Financial System Failures in Developing Countries: Diagnosis and Prescriptions. Unpublished manuscript. Washington: International Monetary Fund.
5. Caprio, G. and Klingebiel, D. 1996. Bank Insolvencies; Cross-Country Experience. Unpublished manuscript. Washington: World Bank.
6. Lindgren, C.-J., Garcia, G, and Seal, M. 1995. Bank Soundness and Macroeconomic Policy. Washington: International Monetary Fund.
7. Borio, C. E. V., Kennedy, N. and Prowse, S. D. 1996. Exploring Aggregate Asset Price Fluctuations Across Countries: Measurements, Determinants and Monetary Policy Implications. BIS Economic Papers, no. 40, April.
8. Mishkin, F. S. 1991. Anatomy of a Financial Crisis. National Bureau of Economic Research Working Paper no. 3934.
9. Eichengreen, B. and Wyplosz, C. 1993. The Unstable EMS. Brookings Papers on Economic Activity, no. 1, pp. 51-143.
10. Dowd, K. 1988. Private Money. Institute of Economic Affairs, Hobart Paper, no. 112.
11. Kaufman, G. 1994. Bank Contagion: A Review of the Theory and Evidence. Journal of Financial Services Research, no. 8, April, pp. 123-50.
12. Goodhart, C. A. E., Hartmann. P., Llewellyn, D. T., Rojas-Suares, L., and Weisbrod, S. R. 1997. Financial Regulation: Why, How and Where Now? Monograph for the Central Bank Governors’ Meeting at the Bank of England, June 6.
13. Simons, H. 1948. Economic Policy for a Free Society. Chicago: University of Chicago Press.
14. Fridman, M. 1959. A Program for Monetary Stability. New York: Fordham University Press.
15. Tobin, J. 1985. Financial Innovation and Deregulation in Perspective. Bank of Japan Monetary and Economic Studies, no. 3, September, pp. 19-29.
16. Yellen, J. L. 1996. The ‘New’ Science of Credit Risk Management at U.S. Financial Institutions, presented at the Conference on Recent Developments in the Financial System, Bard College, April 11, and reproduced in BIS Review.
17. Greenspan. A. 1996. Remarks to 32nd Annual Conference on Bank Structure and Competition. Federal Reserve Bank of Chicago, May, and reproduced in BIS Review, No. 58.
18. Group of Thirty. 1997. Global Institutions, National Supervision and System Risk. A Study Group Report, Washington.
19. King, R. G, and Levine, R. 1993. Finance and Growth: Schumpeter Might Be Right. Quarterly Journal of Economics, August, pp. 717-37.