across industries.The paper provides a comparative analysis of the cases of banking, telecoms and electricity. It suggests … reasonable equilibrium of this sort is illustrated in the case of banking, but it has not yet been achieved in electricity. In …

Bank regulation used to be riddled with price, product, entry, and location restrictions. These restrictions were … regulation as the product of pure rent seeking by private industry.This Article revisits the role of such restrictions on …, political, and economic (LPE) model for how limits on competition could usefully complement current bank regulation. This model …

crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in … asymmetric information. Regulation can be welfare-improving in the presence of an externality and also in case of collateral …

deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … tries to shed some light on the historical development and current state of bank regulation in Germany. In so doing, it … tries to embed the analysis of bank regulation in a more general industrial organization framework. For every regulated …

Financial regulation should be countercyclical, strengthening during speculative booms to contain excessive leverage … and loosening following crises so as to not limit credit extension in hard times. And yet, financial regulation in fact … choice perspective on financial regulation, i.e. rational choice ideas drawn from economics and applied to politics, but with …

Reforming regulation of the financial sector is currently among the most immediate concerns of domestic and … reform. It argues that the process of reforming financial regulation should begin with a comprehensive, granular study of …-containment with regulatory reform and may end up designing a retrospective framework for financial regulation. A comprehensive post …