Toward an operational framework for financial stability: 'fuzzy' measurement and its consequences

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dc.contributor.authorBorio, Claudio
dc.contributor.authorDrehemann, Mathias
dc.date.accessioned2019-11-01T00:04:51Z
dc.date.available2019-11-01T00:04:51Z
dc.date.issued2010
dc.descriptionOver the last decade or so, addressing financial instability ¿has risen to the top of national and international policy agendas. Policymakers in general and central banks in particular have been allocating increasing resources to the monitoring of potential threats to financial stability and the elaboration of frameworks to address them effectively. In part, this trend has been driven by the emergence of episodes of financial distress that have derailed, or threatened to derail, the real economy. The major financial earthquake that has engulfed the global financial system since the summer of 2007 is bound to strengthen this trend further (see Borio, 2008).
dc.file.nameBCCh-sbc-v15-p063_123
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 63-123
dc.identifier.isbn978-956-7421-34-3
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3759
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking, Analysis, and Economic Policies, no. 15
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectESTABILIDAD ECONÓMICAes_ES
dc.subjectBANCOS CENTRALESes_ES
dc.titleToward an operational framework for financial stability: 'fuzzy' measurement and its consequences
dc.type.docArtículo

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