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Oil-macro-financial linkages in Saudi Arabia are analyzed by applying panel econometric frameworks (multivariate and vector autoregression) to maceoeconomic and bank-level balance sheet data for 9 banks spanning 1999-2014. Lower growth of oil prices and non-oil private sector output leads to...
Persistent link: https://www.econbiz.de/10011436735
securities regulation that had protected investors and their marketplace since the end of the Great Depression. This essay … author concludes that this reallocation of regulatory responsibility will realign the dual system of securities regulation to …
Persistent link: https://www.econbiz.de/10013133451
regulation by requiring more than twenty federal agencies to promulgate nearly 400 new rules. Scholars, regulated entities …
Persistent link: https://www.econbiz.de/10013083242
financial regulation. Today's financial system is a dynamic and complex ecosystem. For these and other reasons, policy makers …. The processes governing financial regulation, however, implicitly assume a high degree of knowability, stability, and … financial regulation has failed in the past and why it will likely fail again. It also suggests the need for a new approach to …
Persistent link: https://www.econbiz.de/10012842550
reduce the effectiveness of regulation itself and can have negative impact on financial stability; in fact, omitting … regulation, posing severe risks to financial stability …
Persistent link: https://www.econbiz.de/10012896529
The Dodd-Frank Act, enacted after the global financial crisis, requires U.S. financial regulators to define and regulate systemically risky firms and activities — a truly Sisyphean task. In this Essay, we identify two paths regulators have taken: a “descriptive approach,” which involves...
Persistent link: https://www.econbiz.de/10013011346
This paper studies the specificities of the regulation of shadow banking in the EU. It argues that the idiosyncratic …
Persistent link: https://www.econbiz.de/10012853767
Persistent link: https://www.econbiz.de/10012860710
Online trading platforms and internet communities facilitate access to financial markets and let investors reduce transaction and coordination costs. In this way: (1) they permit many people to be directed towards a single goal, but, at the same time, (2) they allow operations aimed at...
Persistent link: https://www.econbiz.de/10012587732
financial regulation and commercial fraud control. By the nineties, however, this process had gone into reverse. The following … reference to general trends in financial regulation, the conventional politics of law and order and the practice of commercial … show how a sharp rise in the prominence of financial regulation as a political issue first coupled commercial fraud control …
Persistent link: https://www.econbiz.de/10013147297