Showing 1 - 10 of 3,016
crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in … asymmetric information. Regulation can be welfare-improving in the presence of an externality and also in case of collateral …
Persistent link: https://www.econbiz.de/10010342820
This study attempts to elucidate how European regulations currently being put in place will modify the fund management industry. This study is based on an online questionnaire that was sent to professionals within the fund management industry (UCITS and alternative asset managers, their service...
Persistent link: https://www.econbiz.de/10013113661
Financial regulation should be countercyclical, strengthening during speculative booms to contain excessive leverage … and loosening following crises so as to not limit credit extension in hard times. And yet, financial regulation in fact … choice perspective on financial regulation, i.e. rational choice ideas drawn from economics and applied to politics, but with …
Persistent link: https://www.econbiz.de/10013086761
will offer a guide to the antitrust community that will cover the U.S. financial sector, financial regulation, and the … debacle and subsequent financial crisis. The tensions that can arise between financial regulation and antitrust will be … market power. Although much progress has been made in removing anticompetitive elements from financial regulation over the …
Persistent link: https://www.econbiz.de/10013158068
Reforming regulation of the financial sector is currently among the most immediate concerns of domestic and … reform. It argues that the process of reforming financial regulation should begin with a comprehensive, granular study of …-containment with regulatory reform and may end up designing a retrospective framework for financial regulation. A comprehensive post …
Persistent link: https://www.econbiz.de/10013158883
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
The paper analyses the divergent outcomes of post-crisis derivative regulation in Europe. In the aftermath of the … regulations however seem to have greater impacts on the functioning of financial markets. The regulation of commodity derivatives … capture. This paper argues that meaningful regulatory change in commodity derivative regulation was primarily achieved through …
Persistent link: https://www.econbiz.de/10013052531
Many regulators have concluded that cost-benefit analysis is the best available method for capturing the welfare effects of regulations. It is therefore understandable that in recent years, some people have been interested in requiring financial regulators to engage in careful cost-benefit...
Persistent link: https://www.econbiz.de/10013054943
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
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