Stijn Claessens: 3 books
by Stijn Claessens, Lev Ratnovski, Manmohan Mr. Singh
Language: English
Release Date: December 4, 2012
Language: English
Release Date: December 4, 2012
This note outlines the basic economics of the shadow banking system, highlights (systemic) risks related to it, and suggests implications for measurement and regulatory approaches.
Macroprudential Regulatory Policies
The New Road to Financial Stability?
Language: English
Release Date: November 2, 2011
This book is a collection of papers presented in the conference held at the Federal Reserve Bank of Chicago in September 2010, that examines the role of macroprudential regulation in the financial industry. Shocked by the experience of the last few years, many argue that the more traditional microprudential...
by Ceyla Pazarbasioglu, Luc Mr. Laeven, Oana Nedelescu
Language: English
Release Date: March 9, 2011
Language: English
Release Date: March 9, 2011
The paper compares the policy choices in current and past financial crises, given initial conditions and underlying causes, explains why choices varied, reviews the current state of financial and operational restructuring, and institutional reforms, and raises questions on the toolkit to be used for...