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The Economists' Voice: Top Economists Take On Today's Problems featured a core collection of accessible, timely essays on the challenges facing today's global markets and financial institutions. The Economists' Voice 2.0: The Financial Crisis, Health Care Reform, and More is the next installment...
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, and the value of the health insurance subsidies and exchanges built into the law. They consider the effects of financial … financial crisis and bank bailouts results in two indispensable essays on investment banking regulation after Bear Stearns and … Insurance Subsidies in Health Reform? -- Part II: Financial Market Regulatory Reform -- 7. Financial Regulatory Reform: The …
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Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between … financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should …-specific regulation involves authorities actually prescribing desired modes of behavior. The ongoing nature of relations makes regulators …
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In 2001, government guarantees for savings banks in Germany were removed following a law suit. We use this natural experiment to examine the effect of government guarantees on bank risk taking, using a large data set of matched bank/borrower information. The results suggest that banks whose...
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