This book addresses the interaction of monetary and regulatory policy to achieve the important goal of price and financial stability. The authors show how finan

A distinguished economist examines competition, regulation, and stability in today's global banks Does too much competition in banking hurt society? What polici

This document outlines the Government's programme of reform to renew the UK's system of financial regulation. It believes that weaknesses were inherent in the t

An “intriguing plan” addressing shadow banking, regulation, and the continuing quest for financial stability (Financial Times). Years have passed since the

Analytical background -- Nature of systemic risk -- Who should be regulated (by whom) -- Counter-cyclical regulation -- Regulation of liquidity and maturity mis