Showing 1 - 10 of 2,468
Independent regulatory authorities are a basic prerequisite for a successful liberalization process. However, contrary to what is expected, both graphical analyses and OLS regressions for a small sample of electricity and gas regulators operating in 16 European countries reveal a negative...
Persistent link: https://www.econbiz.de/10010492454
Persistent link: https://www.econbiz.de/10010468550
premature to conclude that 'Too Big to Fail" has been solved, but macro-prudential regulation is now much more effective and …
Persistent link: https://www.econbiz.de/10012022346
This paper develops three arguments for the current academic and political debate on an appropriate regulation of … different approaches of capital market regulation. As we will show, a preventive, effective and proportional regulation consists … blowing. Compared to position limits, such a framework of regula-tion has socially desirable advantages. (3) Finally, we …
Persistent link: https://www.econbiz.de/10011757277
government's "light-touch" regulatory approach. With the incoming tightening regulation foreshadowed by the Interim Measures for … FinTech and online micro-lending subsidiary of Alibaba, will retool for harsher regulation or to witness a forthcoming demise … many as 58,750 online debtors to support an empirical analysis of the economic and policy effects of the regulatory …
Persistent link: https://www.econbiz.de/10014349661
An important question in banking is how strict supervision affects bank lending and in turn local business activity. Supervisors forcing banks to recognize losses could choke off lending and amplify local economic woes. But stricter supervision could also change how banks assess and manage...
Persistent link: https://www.econbiz.de/10012668203
This study examines the effect of SEC regulations on firm valuations and corporate policies over the past 50 years. I build a time-varying and industry-specific measure of SEC regulatory restrictions, based on the universe of effective SEC rules and machine-learning relevance of the regulations...
Persistent link: https://www.econbiz.de/10012831482
The benefits of top down financial reporting regulation over the past eight decades are less obvious than its failures …
Persistent link: https://www.econbiz.de/10012954874
has developed within both disciplines with respect to regulation – for an analysis of the credit rating industry …
Persistent link: https://www.econbiz.de/10012996708
Current theories of financial regulation suggest expanding rules-based formal state intervention to promote … international banking stability. Such policy solutions should then be global in scope. This article instead argues that principles …-based informal co- and self-regulation through domestic (gentlemen's) agreements underpinned West German bank internationalisation …
Persistent link: https://www.econbiz.de/10014436557