Central banking and financial stability : the central bank's role in banking supervision and payment systems

The thesis evaluates the role of the central bank in preserving financial stability and analyses the consequences for the structure of banking supervision and payment systems. The first chapter examines whether there is a need for a lender of last resort to maintain systemic stability. The literatur...

Full description

Bibliographic Details
Main Author: Schoenmaker, Dirk
Published: London School of Economics and Political Science (University of London) 1996
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.362512