Minsky and dynamic macroprudential regulation
PSL Quarterly Review
View Archive InfoField | Value | |
Title |
Minsky and dynamic macroprudential regulation
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Creator |
Kregel, Jan
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Subject |
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anking supervision, Macroprudential Regulation, Financial instability hypothesis (FIH) G21, G01, G28 |
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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
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Publisher |
Economia civile
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Contributor |
—
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Date |
2014-07-21
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12465
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Source |
PSL Quarterly Review; Vol 67, No 269 (2014)
PSL Quarterly Review; Vol 67, No 269 (2014) 2037-3643 ISSN 2037-3635 |
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Language |
eng
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Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/12465/12273
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Rights |
Copyright (c) 2016 Jan Kregel
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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