Central Banking & Financial Stability
Financial crises often have severe knock-on effects, precipitating dislocation in the economy, in the political sphere, and in society at large. A primary responsibility of regulatory authorities is thus to ensure the resilience and stability of the financial system. Yet fulfilling this mandate requires regulators to take a big-picture approach comprising various domains of policy action, for the factors that can impact financial market stability are diverse and often mutually interdependent. These factors include the structures and processes that shape the behavior of financial-market institutions and service providers. In addition, regulators must consider how developments in financial markets interact with trends in the real economy as they monitor the impacts of monetary policy decisions. A crucial element of financial market stability is the work of central banks, which assume various macroprudential responsibilities as custodians of the currency. Accordingly, in addition to assessing monetary policy, House of Finance researchers study the ways that the mandate, governance mechanisms, and policy instruments of central banks affect financial market stability. Our research in the domain of central banking and financial stability leverages a unique blend of financial, macroeconomic, and legal expertise.
Activities at the House of Finance
The Annual Meeting will include three panel sessions featuring a diverse range of esteemed…
The Annual Meeting will include three panel sessions featuring a diverse range of esteemed policy makers, in addition to the Keynote Address delivered by Dr. Joachim Nagel, President of the…
The end of the inflation surge, monetary policy transmission and the banking system and…
The end of the inflation surge, monetary policy transmission and the banking system and the implications of geopolitics were at the heart of the debates during the conference „The ECB and…
At the conference "The ECB and Its Watchers" central bankers, financial market…
At the conference "The ECB and Its Watchers" central bankers, financial market participants and academics discuss current issues of monetary policy and financial stability.
The Banking Union at Ten – European Banking and Capital Markets Law between 2014 and…
The Banking Union at Ten – European Banking and Capital Markets Law between 2014 and 2024.
Despite a number of helpful changes, including the adoption of an inflation target, the…
Despite a number of helpful changes, including the adoption of an inflation target, the Fed’s monetary policy strategy proved insufficiently resilient in recent years. While the Fed eased…
Das Eurosystem und die Deutsche Bundesbank werden im Jahr 2023 und wahrscheinlich auch in…
Das Eurosystem und die Deutsche Bundesbank werden im Jahr 2023 und wahrscheinlich auch in den kommenden Jahren beträchtliche Verluste einfahren. Durch die massiven Wertpapierkäufe der…