Taming the cycles of finance? : central banks and the macro-prudential shift in financial regulation / Matthias Thiemann.

Format:

Book

Author/Creator:

Thiemann, Matthias, author.

Language:

English

Subjects (All):

Banks and banking, Central.

Physical Description:

1 online resource (xv, 335 pages) : digital, PDF file(s).

Edition:

First edition.

Place of Publication:

Cambridge : Cambridge University Press, 2024.

Summary:

"Central banks act as systemic firefighters, quelling financial instability. This book traces post-crisis attempts to limit instability, turning central banks de facto into policemen. It details the massive investment of central bank economists to enable this preventive policy and shows administrative and political constraints limiting its effects"-- Provided by the publisher

Contents:

The changing regulation of finance after the crisis: the state of the art and beyond

The evolution of systemic risk thinking pre-crisis: an expert network in the making

The selective rise of macro-prudential ideas in the wake of the crisis

Is resilience enough? the implementation of the macro-prudential reform agenda in the USA, the UK and the Eurozone

From the global to the local: enacting the countercyclical capital buffer through the creation of early warning systems

Taming liquidity and leverage in the shadow banking sector

Into the upswing

The crisis that wasn't: the COVID-19 crisis and its regulatory implications

Notes:

Includes bibliographical references and index.

Title from publisher's bibliographic system (viewed on 15 Feb 2024).

ISBN:

9781009233101

1009233106

9781009233118

1009233114

9781009233125

1009233122