The working hypothesis of international financial regulation is that it should be globally harmonized. This paper … of systemic risk measurement and regulation. The thesis is informed by what I consider two key lessons from the recent … global financial crisis. The first lesson is that, when business strategies that internationally-harmonized regulation …

We perform an econometric analysis of the gambling market in Italy over the recession (2009-2012), observing the …. Whereas gambling initially behaves as normal good, in the long run luck games increase with the worsening of economic …

The United States and the European Union (“EU”) are at the forefront of financial market re‐regulation in the wake of … jurisdictions around the world, have instituted new regulations on asset-backed securities (“ABS”). Such regulations have been part … of a comprehensive, yet fairly disjointed, re-regulation of domestic and international financial markets, including …

of bank net worth and lead to a "gambling trap" with a persistent drop in investment and output. I bring the model to … gambling traps when not targeted. Targeted interventions have the capacity to eliminate adverse equilibria. …

; servicing ; banking and regulation law ; bankers duty of secrecy ; failing banks ; corporate loans ; consumer loans ; real …