Showing 1 - 10 of 11,215
stablecoin arrangements based on the functions they fulfil. This approach emphasises the role of technology-neutral regulation in … concludes that the Eurosystem relies on appropriate regulation, oversight, and supervision to manage the implications of …
Persistent link: https://www.econbiz.de/10012288134
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
We examine the hold-up problem of price regulation and compare it with the monetary policy credibility problem. For …-up problem in regulation turns out to be more serious than the inflation bias problem in monetary policy. Even with far …
Persistent link: https://www.econbiz.de/10012760882
This study examines the effect of regulatory independence of the central bank in shaping the impact of electoral cycles on bank lending behaviour in Africa. It employs the dynamic system Generalized Method of Moments (SGMM) Two-Step estimator for a panel dataset of 54 African countries over the...
Persistent link: https://www.econbiz.de/10014514254
This paper explores the similarity of the underlying economic problems that lead to the establishment of (a) independent central banks to operate national monetary policies and (b) independent regulatory agencies for telecommunications and other utility service industries. We show that, in both...
Persistent link: https://www.econbiz.de/10014091599
Persistent link: https://www.econbiz.de/10010356048
Persistent link: https://www.econbiz.de/10003888595
Persistent link: https://www.econbiz.de/10003896548
Persistent link: https://www.econbiz.de/10008902606
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 …
Persistent link: https://www.econbiz.de/10003986675