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globalization that is best understood as a new form of competition. Palley urges policymakers to understand the economic basis of …
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that guide our legal thinking and a more integrated theory of the senses and their role in law, as captured by the terms …
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This paper reviews the cost-benefit analysis, or “regulatory impact analysis” (RIA), in US bank regulators’ risk-based capital (RBC) rule proposals. We review the principles of cost-benefit analysis and its application by US bank regulators. We provide a brief background on RBC rules and...
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The paper discusses the reform of capital regulation of banks in the wake of the financial crisis of 2007/2009. Whereas … arguments that run counter to economic logic or are themselves evidence of moral hazard and a need for regulation. -- financial … crisis ; Basel Accord ; banking regulation ; capital requirements ; modelbased approach ; systemic risk …
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