Financial Insights - May 2014

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The liberalisation of the financial markets and the wave of financial innovations have triggered a shift of emphasis in monetary analysis from the “money view” to the “credit view”. In this paper Prof. Sijben considers the issue of a dual anchoring of monetary and financial stability, focusing on macroeconomic trends since the bursting of the Internet bubble in the spring of 2000.
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Capgemini Financial Services offers, in cooperation with Prof. dr. Jacques Sijben and Prof. dr. Clemens Kool, quarterly a view at the current development at the global financial world.