GTAP Resources: Resource Display
GTAP Resource #946 |
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"Prudential Practices and Financial Stability: Some Conceptual Issues" by Mathur, Somesh Abstract Abstract The paper reviews the sources of market failure in financial institutions and markets and what can be done to alleviate them. It examines game-theoretic explanations for financial instability, in particular the role of asymmetric information in generating destabilising behaviour. In the area of remedies, the paper analyses the potential contribution of official safety nets and what can be done to minimize the associated moral hazard. In this context, it discusses the role of regulation and transparency. |
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- Domestic policy analysis |
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Public Access GTAP Resource 946 (96.4 KB) Replicated: 0 time(s) Prudential Practice (122.0 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instruction supplied |
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Last Modified: 9/15/2023 2:05:45 PM