Record Details

Minsky and dynamic macroprudential regulation

PSL Quarterly Review

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Field Value
 
Title Minsky and dynamic macroprudential regulation
 
Creator Kregel, Jan
 
Subject
anking supervision, Macroprudential Regulation, Financial instability hypothesis (FIH)
G21, G01, G28
 
Description In the context of current debates about the proper form of prudential regulation and proposals for the imposition of liquidity and capital ratios, the paper examines Hyman Minsky’s work as a consultant to government agencies exploring financial regulatory reform in the 1960s. As the author explains, this often-overlooked early work, a precursor to Minsky’s “financial instability hypothesis”, serves as yet another useful guide to explaining why regulation and supervision in the lead-up to the 2008 financial crisis were flawed, and why the approach to reregulation after the crisis has been incomplete.KEYWORDS: Banking supervision, Macroprudential Regulation, Financial instability hypothesis (FIH) JEL CODES: G21, G01, G28 
 
Publisher Economia civile
 
Contributor
 
Date 2014-07-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12465
 
Source PSL Quarterly Review; Vol 67, No 269 (2014)
PSL Quarterly Review; Vol 67, No 269 (2014)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12465/12273
 
Rights Copyright (c) 2016 Jan Kregel
http://creativecommons.org/licenses/by-nc-nd/4.0