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 …

behind operative independence have more to do with the practical realities of governance than the formalities of …

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 …

We investigate how key monetary policy instruments and financial regulation affect the banking firm. We take the user … evidence consistent with neoclassical microeconomic theory. We find that the compensated price elasticities of banking …