Central Banks' Contribution to Financial Stability: From Central Bank Money Issuance to Macroprudential Supervision

We define financial stability as a condition where the financial sector and its individual entities fulfill their macroeconomic functions. Banks, for example, are supposed to conduct liquidity and maturity transformation and create liquidity for the real economy. Financial stability does not emerge automatically out of individual agents' actions, but requires collective action.

• Use cases, geography and tags
• Organizations that created, adopted or are mentioned
• Ecosystem position
• Link to the original asset
• Comments and reactions