Author: | Jin Cao | ISBN: | 9781136459771 |
Publisher: | Taylor and Francis | Publication: | March 22, 2012 |
Imprint: | Routledge | Language: | English |
Author: | Jin Cao |
ISBN: | 9781136459771 |
Publisher: | Taylor and Francis |
Publication: | March 22, 2012 |
Imprint: | Routledge |
Language: | English |
This book is a review on the economic theories of systemic risks in the financial market and the topics in constructing the macroprudential framework for banking regulation in the future. It explains the reasons why the traditional microprudential regulatory framework missed its target in stabilizing the market and preventing the crisis, and discusses the principles and instruments for designing macroprudential rules.
This book is a review on the economic theories of systemic risks in the financial market and the topics in constructing the macroprudential framework for banking regulation in the future. It explains the reasons why the traditional microprudential regulatory framework missed its target in stabilizing the market and preventing the crisis, and discusses the principles and instruments for designing macroprudential rules.