Research Scholar, Department of Economics, Kurukshetra University, Kurukshetra
Online published on 15 March, 2019.
The increased focus on financial stability issues the definition of “financial stability” has generated a fair amount of debate among academics, market participants and policy makers. Within this context, we will try to the search for a useful definition of financial stability by first reviewing the existing literature on the subject before proceeding to discuss the definition of financial stability we analyze the principles and assumptions underlying the chosen definition as well as the implications for different work in the area of financial stability.
Financial Stability, Financial Instability, Systemic Risk
