New security designs, improvements in computer telecommunications technology and advances in the theory of finance have …

This paper sets forth a discussion framework for the information requirements of systemic financial regulation. It …

-of-second-to-last-resort". Using daily supervisory bank balance sheet information, we find that U.S. GSIBs modestly increase their dollar liquidity … broker-dealer subsidiaries within the same bank holding company are crucial to this type of "reserve-draining" intermediation …

economy are tested. Capture Theory de-emphasizes the role of institutional settings of the kind at work here: The outcomes of … before the Department of Commerce, this study finds more support for Capture Theory than for the New Institutionalism. An …

inforamtion framework shows why the banking sector is so important to the economy, and provides a rationale for bank regulation …

Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating … and efficiency across society as a whole. Agency-cost theory recognizes that incentive conflicts and coordination problems … arise in multi- party relationships and that regulation introduces opportunities to impose rules that enhance the welfare of …

somehow help solve the public goods problem inherent in workplace regulation. Second, the agent must be able to reduce the …

Bank risk-based capital (RBC) standards require banks to hold differing amounts of capital for different classes of … weights accurately reflect bank asset risk, we find that the weights fail even in their limited goal of correctly quantifying … are considered in the RBC regulations. We also examine other types of bank risk by estimating a simple factor model that …

the effect of a state's interstate banking regulation on the level and structure of bank CEO compensation. Using panel … industry. Given that each state's banking regulation defines the competitiveness of its corporate control market, we examine …

the area that would eventually become the Manufacturing Belt. Using a new bank census, the paper shows that these changes …