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Standards and the global framework. The BIS as host of standard setting bodies. Legal impact of standards.
Persistent link: https://www.econbiz.de/10011110775
Text presented at the 19ª Asamblea Anual del Grupo Regional de América Latina y el Caribe (GRULAC), of the World …
Persistent link: https://www.econbiz.de/10011257769
In what ways can changes to the structure of regulation (as well as other regulatory reforms) mitigate the effects of … policies which trigger financial instability? More specifically policies, information asymmetries or externalities which could … standards play a fundamental role in addressing problems which could contribute to information asymmetries and ultimately …
Persistent link: https://www.econbiz.de/10008866155
the presence of information asymmetry between the State and the university. The State, through taxation is responsible for … funding education. We show that presence of asymmetric information between the state and a representative university generates … a sub-optimal allocation. Indeed, the situation of private information on all relevant variables naturally creates a …
Persistent link: https://www.econbiz.de/10011108454
such as efficiency and distribution. Section IV studies market imperfections: market adjustments with imperfect information … community near the workplace and society as a whole; and also externalities in the production of OSH and of OSH information …
Persistent link: https://www.econbiz.de/10005623320
economic policy and the regulation of individual financial institutions.” The link between monetary policy and macro prudential … policies, the knowledge of central banks in matters relating to information on market conditions and their oversight of payment … macro economic policy and the regulation of individual financial institutions. In so doing, the need for greater focus on …
Persistent link: https://www.econbiz.de/10008683306
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
The demand for cash balances of financial intermediaries that establish contractual liabilities with credit-sensitive customers is characterized. As stated by Merton, the success of the business activities of such firms crucially depends on their credit quality, and hence, they are obliged to...
Persistent link: https://www.econbiz.de/10013160192
progress is to be made in the effective regulation and supervision of the financial services sector. It also highlights …
Persistent link: https://www.econbiz.de/10011259086
in financial regulation and supervision. The aftermath of the 2007/08 financial crisis has witnessed the enactment of … obtain vital and necessary information from systemically important individual financial institutions. In its support of the …
Persistent link: https://www.econbiz.de/10009323454