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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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
1991
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| Schriftenreihe: | OECD Economics Department Working Papers
no.98 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | 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 ... |
| Beschreibung: | 1 Online-Ressource (66 p.) 21 x 29.7cm. |
| DOI: | 10.1787/088742707378 |
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| series2 | OECD Economics Department Working Papers |
| spelling | Blundell-Wignall, Adrian VerfasserIn aut Macroeconomic Consequences of Financial Liberalisation A Summary Report Adrian, Blundell-Wignall and Frank, Browne Paris OECD Publishing 1991 1 Online-Ressource (66 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.98 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 MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/088742707378 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_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 |
| work_keys_str_mv | AT blundellwignalladrian macroeconomicconsequencesoffinancialliberalisationasummaryreport AT brownefrank macroeconomicconsequencesoffinancialliberalisationasummaryreport |