Narrow search
Showing 1 - 10 of 2,519
Cover Image
Durable Financial Regulation : Monitoring Financial Instruments as a Counterpart to Regulating Financial Institutions
Nakamura, Leonard I. - 2011
This paper sets forth a discussion framework for the information requirements of systemic financial regulation. It …
Persistent link: https://www.econbiz.de/10013125587
Cover Image
Financial Innovation and the Management and Regulation of Financial Institutions
Merton, Robert C. - 2014
New security designs, improvements in computer telecommunications technology and advances in the theory of finance have led to revolutionary changes in the structure of financial markets and institutions. This paper provides a functional perspective on the dynamics of institutional change and...
Persistent link: https://www.econbiz.de/10012752889
Cover Image
Ethical Foundations of Financial Regulation
Kane, Edward J. - 2008
Regulation consists of rulemaking and enforcement. Economic theory offers two complementary rationales for regulating … arise in multi- party relationships and that regulation introduces opportunities to impose rules that enhance the welfare of … discretion and choose actions for the common good. Agency-cost theories portray regulation as a way to raise the quality of …
Persistent link: https://www.econbiz.de/10012774887
Cover Image
Regulation and Supervision : An Ethical Perspective
Kane, Edward J. - 2008
This essay shows that government credit-allocation schemes generate incentive conflicts that undermine the quality of bank supervision and eventually produce banking crisis. For political reasons, most countries establish a regulatory culture that embraces three economically contradictory...
Persistent link: https://www.econbiz.de/10012772313
Cover Image
Using Deferred Compensation to Strengthen the Ethicsof Financial Regulation
Kane, Edward J. - 2001
Defects in the corporate governance of government-owned enterprises tempt opportunistic officials to breach duties of public stewardship. Corporate-governance theory suggests that incentive-based deferred compensation could intensify the force that common-law duties actually exert on regulatory...
Persistent link: https://www.econbiz.de/10012787637
Cover Image
Financial Sector Regulation and Reforms in Emerging Markets : An Overview
Prasad, Eswar S. - 2010
as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest … objectives can in fact reinforce one another. I also discuss aspects of macroeconomic policies and cross-border regulation that …
Persistent link: https://www.econbiz.de/10013137321
Cover Image
Bank Regulation and Supervision in 180 Countries from 1999 to 2011
Barth, James R. - 2013
In this paper and the associated online database, we provide new data and measures of bank regulatory and supervisory policies in 180 countries from 1999 to 2011. The data include and the measures are based upon responses to hundreds of questions, including information on permissible bank...
Persistent link: https://www.econbiz.de/10013087792
Cover Image
Financial Safety Nets : Reconstructing and Modeling a Policymaking Metaphor
Kane, Edward J. - 2001
This paper explains that financial safety nets exist because of difficulties in enforcing contracts and shows that elements of deposit-insurance schemes differ substantially across countries. It argues that differences in the design of financial safety nets correlate significantly with...
Persistent link: https://www.econbiz.de/10012787749
Cover Image
Bank Supervision, Regulation, and Instability During the Great Depression
Mitchener, Kris James - 2010
Even after controlling for local economic conditions, differences in state bank supervision and regulation contribute …
Persistent link: https://www.econbiz.de/10012762636
Cover Image
Bank Regulation and Supervision : What Works Best?
Barth, James R. - 2010
This paper uses our new database on bank regulation and supervision in 107 countries to assess the relationship between … supervision and regulation of bank activities. The findings instead suggest that policies that rely on guidelines that (1) force …
Persistent link: https://www.econbiz.de/10012762904