Financial Stability Policy in the Euro Zone

The Political Economy of National Banking Regulation in an Integrating Monetary Union

Business & Finance, Economics
Cover of the book Financial Stability Policy in the Euro Zone by Gundbert Scherf, Springer Fachmedien Wiesbaden
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Author: Gundbert Scherf ISBN: 9783658009830
Publisher: Springer Fachmedien Wiesbaden Publication: June 17, 2013
Imprint: Springer Gabler Language: English
Author: Gundbert Scherf
ISBN: 9783658009830
Publisher: Springer Fachmedien Wiesbaden
Publication: June 17, 2013
Imprint: Springer Gabler
Language: English

​Due to the lack of political salience that financial stability policy enjoys in tranquil economic times, this policy field lends itself particularly well to capture – the more so the more important the role of banks is in the financial system. Gundbert Scherf’s research focuses on this  nexus between integrated banking, supranational monetary policy and national banking regulation. He finds that national level differences in financial systems and related institutions explain and drive variation in regulatory financial stability policy across countries.

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​Due to the lack of political salience that financial stability policy enjoys in tranquil economic times, this policy field lends itself particularly well to capture – the more so the more important the role of banks is in the financial system. Gundbert Scherf’s research focuses on this  nexus between integrated banking, supranational monetary policy and national banking regulation. He finds that national level differences in financial systems and related institutions explain and drive variation in regulatory financial stability policy across countries.

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