Systemic risk, crises, and macroprudential regulation / Xavier Freixas, Luc Laeven, and José-Luis Peydró.

Format:

Book

Author/Creator:

Freixas, Xavier, author.

Laeven, Luc, author.

Peydró, José-Luis, author.

Language:

English

Subjects (All):

Monetary policy.

Finance--Government policy.

Finance.

Economic policy.

Financial crises.

Risk.

Physical Description:

1 online resource (xiii, 472 pages) : illustrations

Place of Publication:

Cambridge, Massachusetts : The MIT Press, [2015]

System Details:

text file

Summary:

Offering a framework for understanding the reasons for the regulatory shift from a microprudential to a macroprudential approach to financial regulation, this book provides a list of challenges in the implementation of macroprudential policy and a discussion on its limitations. -- Edited summary from book.

Contents:

1 Introduction 1

2 A Primer on Systemic Risk 13

3 Systemic Risk: A Theoretical Framework 47

4 The Buildup of Financial Imbalances 73

5 Contagion 109

6 Systemic Risk and the Real Costs of Financial Crises 143

7 Measuring Systemic Risk 163

8 Systemic Risk and Microprudential Regulation 199

9 Systemic Risk and Macroprudential Regulation 251

10 Monetary Policy and Systemic Risk 291

11 New Challenges for Regulatory Policy 329.

Notes:

OCLC-licensed vendor bibliographic record.

ISBN:

9780262328609

0262328607

9780262328616

0262328615

0262028697

9780262028691

OCLC:

911912632

Publisher Number:

40025067949

9780262028691

Access Restriction:

Restricted for use by site license.