Financial stability policy in the Euro zone : the political economy of national banking regulation in an integrating monetary union
Author(s)
Bibliographic Information
Financial stability policy in the Euro zone : the political economy of national banking regulation in an integrating monetary union
（Research）
Springer Gabler, c2014
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Note
Includes bibliographical references (p. 239-256)
Description and Table of Contents
Description
Due to the lack of political salience that financial stability policy enjoys in tranquil economic times, this policy field lends itself particularly well to capture - the more so the more important the role of banks is in the financial system. Gundbert Scherf's research focuses on this nexus between integrated banking, supranational monetary policy and national banking regulation. He finds that national level differences in financial systems and related institutions explain and drive variation in regulatory financial stability policy across countries.
Table of Contents
A Political Economy Perspective on European Banking Regulation.- Varieties of Financial Systems and Regulatory Preferences.- Banking Regulation in an Integrating Financial Market.- Time Consistency Problems in the Interaction of Banking Supervision and Monetary Policy.
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