Narrow search
Showing 1 - 10 of 10,469
Cover Image
Financial Innovation and the Management and Regulation of Financial Institutions
Merton, Robert C. - 1995
New security designs, improvements in computer telecommunications technology and advances in the theory of finance have …
Persistent link: https://www.econbiz.de/10012473791
Cover Image
Durable Financial Regulation : Monitoring Financial Instruments as a Counterpart to Regulating Financial Institutions
Nakamura, Leonard - 2011
This paper sets forth a discussion framework for the information requirements of systemic financial regulation. It …
Persistent link: https://www.econbiz.de/10012461652
Cover Image
Restoring Confidence in Troubled Financial Institutions After a Financial Crisis
Calomiris, Charles W.; Carlson, Mark - National Bureau of Economic Research - 2022
After an unprecedented number of banks suspended operations during the Panic of 1893, the head regulator of banks chartered by the United States government allowed about 100 banks to reopen after certifying their solvency. We evaluate whether actions by bank owners to change management, contract...
Persistent link: https://www.econbiz.de/10013334444
Cover Image
Understanding Financial Crises : A Developing Country Perspective
Mishkin, Frederic S. - 1996
inforamtion framework shows why the banking sector is so important to the economy, and provides a rationale for bank regulation …
Persistent link: https://www.econbiz.de/10012473248
Cover Image
Ethical Foundations of Financial Regulation
Kane, Edward J. - 1997
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 …
Persistent link: https://www.econbiz.de/10012472798
Cover Image
U.S. Banks and Global Liquidity
Correa, Ricardo - 2020
We characterize how U.S. global systemically important banks (GSIBs) supply short-term dollar liquidity in repo and foreign exchange swap markets in the post-Global Financial Crisis regulatory environment and serve as the "lenders-of-second-to-last-resort". Using daily supervisory bank balance...
Persistent link: https://www.econbiz.de/10012481346
Cover Image
Big Bad Banks? The Impact of U.S. Branch Deregulation on Income Distribution
Beck, Thorsten - 2007
By studying intrastate branch banking reform in the United States, this paper provides evidence that financial markets substantively influence the distribution of income. From the 1970s through the 1990s, most states removed restrictions on intrastate branching, which intensified bank...
Persistent link: https://www.econbiz.de/10012465351
Cover Image
The Revolving Door and Worker Flows in Banking Regulation
Lucca, David - 2014
-state enforcement actions of regulators shows gross inflows into regulation and gross outflows from regulation are both higher during …
Persistent link: https://www.econbiz.de/10012458425
Cover Image
The FinTech Opportunity
Philippon, Thomas - 2016
This paper assesses the potential impact of FinTech on the finance industry, focusing on financial stability and access to services. I document first that financial services remain surprisingly expensive, which explains the emergence of new entrants. I then argue that the current regulatory...
Persistent link: https://www.econbiz.de/10012456201
Cover Image
Event-Study Evidence of the Value of Relaxing Longstanding Regulatory Restraints on Banks, 1970-2000
Carow, Kenneth A. - 2001
In a partial-equilibrium model, removing a binding constraint creates value. However, in general equilibrium, the stakes of other parties in maintaining the constraint must be examined. In financial deregulation, the fear is that expanding the scope and geographic reach of very large...
Persistent link: https://www.econbiz.de/10012470122