, rightly, has been on market failures and the role of regulation in addressing them. This article looks at the role of domestic … tradeoffs.We investigate the role that financial regulation plays in addressing domestic policy failures and in controlling the … failures; and we discuss the limits of regulation …

This paper provides evidence on how the new international regulation on Global Systemically Important Banks (G … across 12 relevant regulatory announcement and designation events. We observe that the new regulation negatively affects the …-Big-to-Fail (TBTF) perception by investors. The fact that these valuation effects emerge from a regulation specifically designed to …

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 …