fbpx Liquidity Regulation and Central Banking | Harvard Kennedy School

Additional Authors:

  • Jeremy Stein

Excerpt

Liquidity Regulation and Central Banking. Jeremy Stein, April 19, 2013, Opinion. "I'd like to talk today about one important element of the international regulatory reform agenda--namely, liquidity regulation. Liquidity regulation is a relatively new, post-crisis addition to the financial stability toolkit. Key elements include the Liquidity Coverage Ratio (LCR), which was recently finalized by the Basel Committee on Banking Supervision, and the Net Stable Funding Ratio, which is still a work in progress. In what follows, I will focus on the LCR..." Link Verified October 13. 2014