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[eng] There are three economic justifications to the regulation of pension funds : information asymmetries, a too important market power, and externalities (due to systemic risk). In this article, the author thinks that the English regulation is adequate. . JEL Classifications : G23, G28
Persistent link: https://www.econbiz.de/10010792710
[eng] The European pension management industry . This paper seeks to assess the current status and future prospects for private pension management in Continental Europe, with a particular focus on the nature of competition among managers of pension assets. It is shown that the pension fund...
Persistent link: https://www.econbiz.de/10010979448
[eng] Regulation of private pensions : a case study of the UK . There are three economic justifications to the regulation of pension funds : information assymetries, a too important market power, and externalities (due to systemic risk). In this article, the author thinks that the English...
Persistent link: https://www.econbiz.de/10010979477
[fre] L'analyse statistique comparée des structures de financement des entreprises industrielles aux Etats-Unis, au Royaume-Uni, au Japon, en R.F.A. et en France, sur la période 1971-1983, permet de vérifier, dans une certaine mesure, les conclusions des théories faisant état de...
Persistent link: https://www.econbiz.de/10010979118
[eng] Monetary policy, bank capital and market liquidity . The implementation of the Basel II Capital Accord highlights the role of bank capital in the conduct of monetary policy. The paper studies the three types of instances that central banks may face. In normal times, the distribution of...
Persistent link: https://www.econbiz.de/10010979201