Systemic Risk, Crises, and Macroprudential Regulation

by Xavier Freixas, Luc Laeven, Jose-Luis Peydro

Book Overview

A framework for macroprudential regulation that defines systemic risk and macroprudential policy, describes macroprudential tools, and surveys the effectiveness of existing macroprudential regulation.

The recent financial crisis has shattered all standard approaches to banking regulation. Regulators now recognize that banking regulation cannot be simply based on individual financial institutions' risks. Instead, systemic risk and macroprudential...

• Format: Paperback
• Language: English
• ISBN: 0262549018
• ISBN13: 9780262549011
• Release Date: August 2023
• Publisher: MIT Press
• Length: 488 Pages
• Weight: 1.56 lbs.
• Dimensions: 1.1" x 6.0" x 9.0"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher