[DOWNLOAD] "Financial Crises: Prevention, Correction, And Monetary Policy." by The Cato Journal # Book PDF Kindle ePub Free

eBook details

Title: Financial Crises: Prevention, Correction, And Monetary Policy.
Author : The Cato Journal
Release Date : January 22, 2011
Genre: Politics & Current Events,Books,
Pages : * pages
Size : 247 KB

Description

The financial crisis that surfaced in 2007 has stressed the need to identify the ultimate sources of the incentives that were behind the preceding credit and housing bubbles. To lower the likelihood of future financial collapses, prudent economic policies as well as an adequate regulatory and supervisory framework for financial institutions are required. Monetary policy, in turn, should be directed toward price stability, which is a central bank's best contribution not only to long-term economic growth, but also to financial stability. Bubbles and Recurrent Crises