Title :
On the Reasons and Influences of Financial Stability as Goal of Monetary Policy
Author_Institution :
Econ. & Manage. Dept., Zhengzhou Univ. of Light Ind., Zhengzhou, China
Abstract :
According as the problem of financial stability affects the development of economics, the old goals system can´t change financial instability automatically. It is necessary to add financial stability to goals system of monetary policy because the central bank has the responsibilities of achieving the goal of financial stability by monetary policy. It will contribute to long-term stable operation of the economy, and it also will bring a conflict situation of different goals in short-term and moral hazard.
Keywords :
economics; financial management; economics; financial stability; monetary policy; Banking; Economic indicators; Instruments; Loans and mortgages; Stability criteria; Thermal stability;
Conference_Titel :
E-Product E-Service and E-Entertainment (ICEEE), 2010 International Conference on
Conference_Location :
Henan
Print_ISBN :
978-1-4244-7159-1
DOI :
10.1109/ICEEE.2010.5661564