The Crisis in Telecommunications Carrier Liability addresses the important public policy issues underlying liability … compatibility in achieving other public policy objectives, such as universal service, imposed on the telecommunications industry … under the Telecommunications Act of 1996. This book offers the industry and policymakers, as well as those hoping to …

of the less regulated, so-called shadow banking sector. Employing flow-of-funds data for the Euro Area's non-bank banking … increase in non-bank banking). Overall intermediation activity, hence, has remained roughly at the same level. Moreover, our … findings also suggest that non-bank banks have tended to take positions in riskier assets (particularly in equities). In line …