Defining Financial Stability:
The main objective of this paper is to propose a definition of financial stability that has some practical and operational relevance. Financial stability is defined in terms of its ability to facilitate and enhance economic processes, manage risks, and absorb shocks. Moreover, financial stability is...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
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Schriftenreihe: | IMF Working Papers
Working Paper No. 04/187 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The main objective of this paper is to propose a definition of financial stability that has some practical and operational relevance. Financial stability is defined in terms of its ability to facilitate and enhance economic processes, manage risks, and absorb shocks. Moreover, financial stability is considered a continuum: changeable over time and consistent with multiple combinations of the constituent elements of finance. The paper also discusses several practical implications of the definition that should be considered when using it for policy analysis or developing an analytical framework |
Beschreibung: | 1 Online-Ressource (19 p) |
ISBN: | 1451859546 9781451859546 |
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spelling | Schinasi, Garry J. Verfasser aut Defining Financial Stability Schinasi, Garry J Washington, D.C International Monetary Fund 2004 1 Online-Ressource (19 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/187 The main objective of this paper is to propose a definition of financial stability that has some practical and operational relevance. Financial stability is defined in terms of its ability to facilitate and enhance economic processes, manage risks, and absorb shocks. Moreover, financial stability is considered a continuum: changeable over time and consistent with multiple combinations of the constituent elements of finance. The paper also discusses several practical implications of the definition that should be considered when using it for policy analysis or developing an analytical framework Online-Ausg http://elibrary.imf.org/view/IMF001/01588-9781451859546/01588-9781451859546/01588-9781451859546.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Schinasi, Garry J. Defining Financial Stability |
title | Defining Financial Stability |
title_auth | Defining Financial Stability |
title_exact_search | Defining Financial Stability |
title_exact_search_txtP | Defining Financial Stability |
title_full | Defining Financial Stability Schinasi, Garry J |
title_fullStr | Defining Financial Stability Schinasi, Garry J |
title_full_unstemmed | Defining Financial Stability Schinasi, Garry J |
title_short | Defining Financial Stability |
title_sort | defining financial stability |
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