regulation. In part, this is due to their neglect of important regulatory choices, which policy-makers are therefore left to take …

Can tight and centralized financial regulation prevent financial crises? Governments usually respond to financial … crises with tightening and centralizing financial regulation. In this paper, we explore the historical parallels between the … predicts that tight and centralized financial regulation might increase the risk of inflationary monetary policy. To illustrate …

Do politics matter for macroprudential policy? I show that changes to macroprudential regulation exhibit a predictable …

innovations and lenient government regulation are at the root of the current financial crisis and recession. Combined with a long … argued that we need to change the way we approach the regulation of financial institutions and look at what has been done in … other sectors of the economy, where regulation and supervision are proactive and carefully implemented in order to guarantee …

, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level, however, the crisis … monetary policy and financial regulation. The practice of both monetary policy and financial regulation had tended to become …

, lax financial regulation and supervision, and global macroeconomic imbalances. At a fundamental level, however, the crisis … monetary policy and financial regulation. The practice of both monetary policy and financial regulation had tended to become …

has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation … procyclical capital regulation. - Monetary policy ; capital regulation ; crisis …