tailieunhanh - The Fundamental Principles of Financial Regulation - Maturity Mismatches

The authors of this Geneva Report on the World Economy are predominantly macroeconomists. In our view macro-economic analysis and insight has, in the past, been insufficiently applied to the design of financial regulation. The purpose of this paper is to help rectify that lacuna. | The Fundamental Principles of Financial Regulation Markus Brunnermeier Andrew Crockett Charles Goodhart Avinash D. Persaud and Hyun Shin PRELIMINARY CONFERENCE DRAFT ICMB INTERNATIONAL CENTER FOR MONETARY AND BANKING STUDIES The Fundamental Principles of Financial Regulation Geneva Reports on the World Economy 11 PRELIMINARY CONFERENCE DRAFT This is the preliminary version of a forthcoming report in the Geneva Reports on the World Economy series prepared for presentation at a conference in Geneva on 24 January .

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