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will offer a guide to the antitrust community that will cover the U.S. financial sector, financial regulation, and the … debacle and subsequent financial crisis. The tensions that can arise between financial regulation and antitrust will be … market power. Although much progress has been made in removing anticompetitive elements from financial regulation over the …
Persistent link: https://www.econbiz.de/10013158068
Financial intermediation has changed dramatically over the past 30 years, due in large part to technological change. The paper first describes the role of the financial system in a modern economy and how technological change and financial innovation can affect social welfare. We then survey the...
Persistent link: https://www.econbiz.de/10011913654
This paper discusses the technological change and financial innovation that has been experienced by commercial banking over the past 25 years. The paper first describes the role of the financial system in economies and how technological change and financial innovation can improve social welfare....
Persistent link: https://www.econbiz.de/10013070990
This paper discusses the technological change and financial innovation that commercial banking has experienced during the past twenty-five years. The paper first describes the role of the financial system in economies and how technological change and financial innovation can improve social...
Persistent link: https://www.econbiz.de/10013070993
regulation and argues that such efforts would, at best, be ineffective and, at worst, could squelch productive and efficient … asset pricing. Instead, policy makers should focus on better regulatory efforts – better prudential regulation – to …
Persistent link: https://www.econbiz.de/10013125396
In this paper, we empirically estimate the costs of delay in the FDIC's closures of 433 commercial banks between 2007 and 2014 based upon a counterfactual closure regime. We find that the costs of delay could have been as high as $18.5 billion, or 37% of the FDIC's estimated costs of closure of...
Persistent link: https://www.econbiz.de/10012970582
has developed within both disciplines with respect to regulation – for an analysis of the credit rating industry …
Persistent link: https://www.econbiz.de/10012996708
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