This chapter discusses the basis for and concepts of implementing performance based measures in financial regulation …

The paper empirically examines the implementation record of international financial regulation of the banking sector … record is particularly strong in countries where large banking sectors and big banks are both present, and where regulation …

regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …

We develop a dynamic regulation game for a stock externality under asymmetric information and future market uncertainty …. Within this framework, regulation is characterized as the implementation of a welfare-maximization program conditional on …-consistent policy rules that implement the stochastic first best as long as a future market exists. We apply our theory to carbon …

In this paper, we study regulation of externalities involving many small-scale polluters, where the damages from … such regulations should be designed and combined. We find that the optimal regulation design crucially depends on the type … technology regulation encourages cleaner technologies in high damage areas, but discourages their use in low damage areas …

materialize. Financial regulation encouraging the decarbonization of the banks' balance sheets via tax-subsidy schemes …

commentators have focused on the anticompetitive potential of envelopment, and some have argued for regulation of platforms because … of that concern. These calls for regulation are not supported by robust formal analysis or comprehensive empirical …

assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …