Cross-border coordination of prudential supervision and deposit guarantees /

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Bibliographic Details
Author / Creator:Hardy, Daniel C. L., author.
Imprint:Washington, D.C. : International Monetary Fund, Monetary and Capital Markets Dept., 2008.
Description:1 online resource (28 pages) : illustrations
Language:English
Series:IMF working paper ; WP/08/283
IMF working paper ; WP/08/283.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499573
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Other authors / contributors:Nieto, María, author.
International Monetary Fund. Monetary and Capital Markets Department.
ISBN:1283512459
9781283512459
Notes:"December 2008."
Includes bibliographical references (pages 25-26).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
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
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Print version record.
Summary:The scramble to expand deposit guarantees in Europe in response to recent financial turmoil confirms that the on-going integration of European financial markets requires closer coordination of prudential policies and financial safety nets. We study the optimal design of prudential supervision and deposit guarantee regulations in a multi-country, integrated banking market such as the European Union, where policy-makers have either similar or asymmetric preferences regarding profitability and stability of the banking sector. The paper concludes with recommendations on policy priorities in this area.
Other form:Print version: Hardy, Daniel C.L. Cross-border coordination of prudential supervision and deposit guarantees. Washington, D.C. : International Monetary Fund, Monetary and Capital Markets Dept., 2008