Showing 1 - 10 of 206
regulation put in place then was successful in addressing market failures, but how, over time, especially around the resolutions …
Persistent link: https://www.econbiz.de/10008907804
Depression, why the regulation put in place then was successful in addressing market failures, but how, over time, especially …
Persistent link: https://www.econbiz.de/10013130373
Persistent link: https://www.econbiz.de/10003827522
Persistent link: https://www.econbiz.de/10008939341
Persistent link: https://www.econbiz.de/10009519955
Persistent link: https://www.econbiz.de/10009705301
We present a simple model of systemic risk and show how each financial institution’s contribution to systemic risk can be measured and priced. An institution’s contribution, denoted systemic expected shortfall (SES), is its propensity to be undercapitalized when the system as a whole is...
Persistent link: https://www.econbiz.de/10014195837
Persistent link: https://www.econbiz.de/10001633983
Persistent link: https://www.econbiz.de/10009008087
fundamentally flawed as a way of designing macroprudential regulation of the finance sector. In contrast, the Dodd-Frank Act has … several redeeming features, including requirements of stress-test-based macroprudential regulation and explicit investigation … dynamic sector risk-weight adjustment approach. It concludes with some important lessons for regulation of the finance sector …
Persistent link: https://www.econbiz.de/10009632674