Financial stability monetary policy and Central Banking: an overview
The financial developments of the last decade had a large impact on the management of risk providing more diversified portfolios to investors. Based on these complex financial contracts investors were able to shift the investment possibilities frontier outward however that movement generated intrica...
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Banco Central de Chile
2019
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oai-20.500.12580-37862021-04-24T11:06:19Z Financial stability monetary policy and Central Banking: an overview Alfaro A., Rodrigo Cifuentes Santander, Rodrigo POLÍTICA MONETARIA BANCOS CENTRALES CRISIS FINANCIERA The financial developments of the last decade had a large impact on the management of risk providing more diversified portfolios to investors. Based on these complex financial contracts investors were able to shift the investment possibilities frontier outward however that movement generated intricate networks. At the same time global financial integration increased significantly facilitating the propagation and expansion of financial shocks. The recent financial crisis is evidence of such networking sensitivity. In February 2007 Freddie Mac announced its intention to reduce its mortgage portfolio risk by ceasing to purchase risky loans and then in April of the same year one of the leading companies in the subprime mortgage market declared bankruptcy. 2019-11-01T00:03:29Z 2019-11-01T00:03:29Z 2010 Artículo 978-956-7421-34-3 https://hdl.handle.net/20.500.12580/3786 eng Series on Central Banking Analysis and Economic Policies no. 15 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 01-10 application/pdf Banco Central de Chile |
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Banco Central |
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Banco Central |
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eng |
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POLÍTICA MONETARIA BANCOS CENTRALES CRISIS FINANCIERA |
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POLÍTICA MONETARIA BANCOS CENTRALES CRISIS FINANCIERA Alfaro A., Rodrigo Cifuentes Santander, Rodrigo Financial stability monetary policy and Central Banking: an overview |
description |
The financial developments of the last decade had a large impact on the management of risk providing more diversified portfolios to investors. Based on these complex financial contracts investors were able to shift the investment possibilities frontier outward however that movement generated intricate networks. At the same time global financial integration increased significantly facilitating the propagation and expansion of financial shocks. The recent financial crisis is evidence of such networking sensitivity. In February 2007 Freddie Mac announced its intention to reduce its mortgage portfolio risk by ceasing to purchase risky loans and then in April of the same year one of the leading companies in the subprime mortgage market declared bankruptcy. |
format |
Artículo |
author |
Alfaro A., Rodrigo Cifuentes Santander, Rodrigo |
author_facet |
Alfaro A., Rodrigo Cifuentes Santander, Rodrigo |
author_sort |
Alfaro A., Rodrigo |
title |
Financial stability monetary policy and Central Banking: an overview |
title_short |
Financial stability monetary policy and Central Banking: an overview |
title_full |
Financial stability monetary policy and Central Banking: an overview |
title_fullStr |
Financial stability monetary policy and Central Banking: an overview |
title_full_unstemmed |
Financial stability monetary policy and Central Banking: an overview |
title_sort |
financial stability monetary policy and central banking: an overview |
publisher |
Banco Central de Chile |
publishDate |
2019 |
url |
https://hdl.handle.net/20.500.12580/3786 |
work_keys_str_mv |
AT alfaroarodrigo financialstabilitymonetarypolicyandcentralbankinganoverview AT cifuentessantanderrodrigo financialstabilitymonetarypolicyandcentralbankinganoverview |
_version_ |
1718346612530479104 |