Macroeconomic Consequences of Financial Liberalisation: A Summary Report
This paper brings together a number of interrelated issues concerning the implications of financial liberalisation for macroeconomic outcomes. Deregulation has tended to reduce the importance of liquidity constraints within and between countries, while at the same time giving markets a much greater...
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| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
1991
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| Series: | OECD Economics Department Working Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | This paper brings together a number of interrelated issues concerning the implications of financial liberalisation for macroeconomic outcomes. Deregulation has tended to reduce the importance of liquidity constraints within and between countries, while at the same time giving markets a much greater role in utilising available information to achieve efficient outcomes. This has had implications for private spending behaviour and the transmission channels of monetary policy; for the volatility of financial prices; for the price and credit risks which arise; and for the integration of international financial markets and the process of external adjustment ... |
| Physical Description: | 1 Online-Ressource (66 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/088742707378 |
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| spelling | Blundell-Wignall, Adrian Verfasser aut Macroeconomic Consequences of Financial Liberalisation A Summary Report Adrian Blundell-Wignall and Frank Browne Paris OECD Publishing 1991 1 Online-Ressource (66 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper brings together a number of interrelated issues concerning the implications of financial liberalisation for macroeconomic outcomes. Deregulation has tended to reduce the importance of liquidity constraints within and between countries, while at the same time giving markets a much greater role in utilising available information to achieve efficient outcomes. This has had implications for private spending behaviour and the transmission channels of monetary policy; for the volatility of financial prices; for the price and credit risks which arise; and for the integration of international financial markets and the process of external adjustment ... Economics Browne, Frank ctb https://doi.org/10.1787/088742707378 Verlag kostenfrei Volltext |
| spellingShingle | Blundell-Wignall, Adrian Macroeconomic Consequences of Financial Liberalisation A Summary Report Economics |
| title | Macroeconomic Consequences of Financial Liberalisation A Summary Report |
| title_auth | Macroeconomic Consequences of Financial Liberalisation A Summary Report |
| title_exact_search | Macroeconomic Consequences of Financial Liberalisation A Summary Report |
| title_exact_search_txtP | Macroeconomic Consequences of Financial Liberalisation A Summary Report |
| title_full | Macroeconomic Consequences of Financial Liberalisation A Summary Report Adrian Blundell-Wignall and Frank Browne |
| title_fullStr | Macroeconomic Consequences of Financial Liberalisation A Summary Report Adrian Blundell-Wignall and Frank Browne |
| title_full_unstemmed | Macroeconomic Consequences of Financial Liberalisation A Summary Report Adrian Blundell-Wignall and Frank Browne |
| title_short | Macroeconomic Consequences of Financial Liberalisation |
| title_sort | macroeconomic consequences of financial liberalisation a summary report |
| title_sub | A Summary Report |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/088742707378 |
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