Author: Publisher: DIANE Publishing
ISBN: 9781422314739
Category :
Languages : en
Pages : 152
Book Description
Safe & Sound Banking: Past, Present & Future: A Reprint from the Journal, “Economic Review”
Author: Publisher: DIANE Publishing
ISBN: 9781422314739
Category :
Languages : en
Pages : 152
Book Description
The Central Bank and the Financial System
Author: Charles Albert Eric GoodhartPublisher: MIT Press
ISBN: 9780262071673
Category : Business & Economics
Languages : en
Pages : 560
Book Description
As economic advisor to the Bank of England for many years, C. A. E. Goodhart is uniquely positioned to assess the role of the central bank in the modern financial system. This book brings together twenty-one of his previously published articles dealing with the changing functions of central banks over time, recent efforts to maintain price stability, and debates over specific financial regulation proposals in the UK. Although the current day-to-day operations of central banks are subject to continuous comment and frequent criticism, their structural role within the economic system as a whole has generally been accepted without much question, despite several attempts by economists in recent decades to challenge the value of the institution. C. A. E. Goodhart brings his knowledge of both the theoretical arguments and the actual working of central banks to bear in these essays. Part I looks at the general purposes and functions of central banks within the financial system and their evolution over time. Part II concentrates on the current objectives and operations of central banks, and the maintenance of price stability in particular. Part III analyzes the broader issues of financial regulation.
Unregulated Banking
Author: Forrest CapiePublisher: Springer
ISBN: 1349113980
Category : Business & Economics
Languages : en
Pages : 263
Book Description
Using historical examples, this book attempts to demonstrate that unregulated banking can be successful and that central banks' beneficial contribution has been greatly exaggerated. Topics covered include a description of the experiment with free banking during the French Revolution.
Restructuring the American Financial System
Author: George G. KaufmanPublisher: Springer Science & Business Media
ISBN: 9400921977
Category : Business & Economics
Languages : en
Pages : 185
Book Description
In light of the periodic malfunctions in important sectors of the finan cial services industry in recent years, such as commercial banking, thrift institutions, and the securities market, numerous proposals have been developed for restructuring the financial system to improve both its safety and efficiency. Among the groups analyzing the performance of the financial system and recommending changes where necessary, has been the Shadow Financial Regulatory Committee. This Committee, which is described in greater detail in Chapter 1, consists of 12 independent banking experts from the academic and practitioner worlds that meet quarterly to analyze current developments in the financial services indus try and to make recommendations for improvements that would be in the public interest. The purpose of the Committee, its members, and a listing of policy statements are included in the Appendix. All but one of the chapters in this volume represent essays by indi vidual members of the Committee on issues discussed by the Committee at recent meetings and that, for the most part, resulted in policy state ments. They basically discuss the reasons for the policy statement adopted and place the issue in perspective. Where appropriate, the rele vant section of the respective policy statement is presented at the begin ning of each chapter. Each essay, however, reflects only the views of the individual author and not necessarily those of other members of the Committee or of the Committee as a whole.
Economic Review
Author: Coping with Financial Fragility and Systemic Risk
Author: Harald A. BeninkPublisher: Springer Science & Business Media
ISBN: 1475723733
Category : Business & Economics
Languages : en
Pages : 290
Book Description
Coping with Financial Fragility and Systemic Risk identifies and discusses the sources of perceived fragility in financial institutions and markets and its potential consequences throughout the economy. It then examines private sector solutions for dealing with systemic risk and mitigating the consequences. Finally, the book examines regulatory solutions to these problems.
Financial Crises, Contagion, and the Lender of Last Resort : A Reader
Author: Charles GoodhartPublisher: OUP Oxford
ISBN: 0191588601
Category :
Languages : en
Pages : 570
Book Description
The Comptroller and the Transformation of American Banking, 1960-1990
Author: Eugene N. WhitePublisher: DIANE Publishing
ISBN: 078817164X
Category :
Languages : en
Pages : 117
Book Description
Covers the history of the oversight of the American banking industry by the Office of the Comptroller of the Currency (OCC), beginning in 1960 and continuing to 1990. It begins with a discussion of the OCC in 1960 -- regulation and supervision under the New Deal regime, and continues with an examination of the beginning of the banking revolution, 1960-72; the crisis years, 1973-75; revitalizing the OCC, 1975-80; and the challenge of the 1980s. Extensive bibliography. Photos, tables and figures.
The Lender of Last Resort
Author: Publisher: Routledge
ISBN: 1134358938
Category :
Languages : en
Pages : 527
Book Description
Bank Capital and Risk-Taking
Author: Stéphanie M. StolzPublisher: Springer Science & Business Media
ISBN: 3540485457
Category : Business & Economics
Languages : en
Pages : 163
Book Description
The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. Yet, the impact of capital requirements on banks' behavior is not fully understood. The aim of this study is to contribute to this understanding.