Macroprudential policy and financial stability
This paper tries a conceptual framing of the issue of financial stability in economic theory and also to identify solutions to address episodes of financial instability. An essential reference is Minsky’s financial instability hypothesis, which argues that a fundamental feature of the financial syst...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2013-02-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/830.pdf
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