Author : Calmfors, Lars,Englund, Peter,Rangvid, Jesper,Natvik, James Gisle,Svensson, Lars E.O.,Juokivuolle, Esa,Ekholm, Karolina
Publisher : Nordic Council of Ministers
Page : 268 pages
File Size : 54,9 Mb
Release : 2020-06-15
Category : Social Science
ISBN : 9789289365666
Nordic Economic Policy Review 2020: Financial regulation and macroeconomic stability in the Nordics by Calmfors, Lars,Englund, Peter,Rangvid, Jesper,Natvik, James Gisle,Svensson, Lars E.O.,Juokivuolle, Esa,Ekholm, Karolina Pdf
How well designed are the financial regulations that have been imposed after the global financial crisis in 2008–09 and the subsequent euro crisis? Will the new bail-in rules work in a systemic crisis, or do we risk further costly bail-outs by governments? How does monetary policy influence household debt? Have macroprudential tools been well-calibrated? Answers to these questions are crucial for judging the risks that the current corona crisis might also trigger a new financial crisis. The 2020 issue of the Nordic Economic Policy Review consists of six papers, including an introduction by editors Lars Calmfors and Peter Englund.