Book review: “The Challenge of Financial Stability: A New Model and its Applications” by Goodhart C.A.E. and Tsomocos D.P

This review of the book “The Challenge of Financial Stability: A New Model and its Applications” by Goodhart C.A.E. and Tsomocos D.P. highlights the potential of the framework of strategic partial default of banks with credit chain on the interbank market for further theoretical and applied research on financial stability.

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Year of publication:	2013-03-30
Authors:	Jean-Bernard, Chatelain
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Financial stability \| strategic default \| credit chain \| interbank market

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	E58 - Central Banks and Their Policies ; G21 - Banks; Other Depository Institutions; Mortgages ; G28 - Government Policy and Regulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011258188