Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. International Capital Markets Department.
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| ISBN: | 1451899777
9781451899771
1282094270
9781282094277
1462368077
9781462368075
1452743169
9781452743165
9786613799432
6613799432
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| Notes: | Includes bibliographical references (page 17).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | What is the role of central banks in ensuring financial stability? This paper addresses this controversial subject, in part by drawing on the experiences in Europe, Japan, and the United States, and by examining four questions. What is meant by financial stability? Do central banks have a natural role in ensuring financial stability? What does a central bank need to execute this role effectively? How far have central banks actually gone in safeguarding financial stability? The experience drawn on in the paper suggest that central banks: have a natural role to play; at times may require supervisory information to execute this natural role; and have incurred risks to their balance sheets to ensure financial stability.
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| Other form: | Print version: Schinasi, Garry J. Responsibility of Central banks for stability in financial markets. [Washington, D.C.] : International Monetary Fund, International Capital Markets Dept., ©2003
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| Standard no.: | 10.5089/9781451899771.001
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