Financial instability and bank's balance sheets: A note

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dc.contributor.authorAbraham, H
dc.date.accessioned2018-10-18T09:53:07Z
dc.date.available2018-10-18T09:53:07Z
dc.date.issued2012
dc.date.updated2018-10-18T09:52:12Z
dc.description.abstractFollowing the recent financial crisis, it is sometimes argued that financial institutions should be regulated to a greater extent than before in order to prevent a recurrence of global financial crises. It is argued here that since banks create liquidity ex nihilo in exchange for financial collaterals whose nominal values are subject to market fluctuations, in general, banks’ regulation can have only a limited effect on the stability of the financial system. Monetary policy of central banks (i.e., setting short term interest rate) is essential to monitor asset prices and thereby create a stable financial environment.
dc.identifier.apacitationAbraham, H. (2012). Financial instability and bank's balance sheets: A note. <i>South African Journal of Business Management</i>, http://hdl.handle.net/11427/28931en_ZA
dc.identifier.chicagocitationAbraham, H "Financial instability and bank's balance sheets: A note." <i>South African Journal of Business Management</i> (2012) http://hdl.handle.net/11427/28931en_ZA
dc.identifier.citationAbraham, H. (2012). Financial instability and bank's balance sheets: A note, 43:95-98
dc.identifier.ris TY - AU - Abraham, H AB - Following the recent financial crisis, it is sometimes argued that financial institutions should be regulated to a greater extent than before in order to prevent a recurrence of global financial crises. It is argued here that since banks create liquidity ex nihilo in exchange for financial collaterals whose nominal values are subject to market fluctuations, in general, banks’ regulation can have only a limited effect on the stability of the financial system. Monetary policy of central banks (i.e., setting short term interest rate) is essential to monitor asset prices and thereby create a stable financial environment. DA - 2012 DB - OpenUCT DP - University of Cape Town J1 - South African Journal of Business Management LK - https://open.uct.ac.za PB - University of Cape Town PY - 2012 T1 - Financial instability and bank's balance sheets: A note TI - Financial instability and bank's balance sheets: A note UR - http://hdl.handle.net/11427/28931 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/28931
dc.identifier.vancouvercitationAbraham H. Financial instability and bank's balance sheets: A note. South African Journal of Business Management. 2012; http://hdl.handle.net/11427/28931.en_ZA
dc.language.isoeng
dc.publisher.departmentSchool of Economicsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.sourceSouth African Journal of Business Management
dc.source.urihttps://sajbm.org/index.php/sajbm
dc.titleFinancial instability and bank's balance sheets: A note
dc.typeJournal Article
uct.type.filetypeText
uct.type.filetypeImage
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