telecommunications, poor performance of regulatory agencies limits the benefits of reform. This Note proposes measures for establishing a … credibility of regulation -- for example, by locking in principles through international agreements. And they generate maximum …

determinants of systematic risk. These control variables serve as a basis to study the impact of regulation and competition on risk …. The Polynomics regulatory index is used for regulation and Herfindahl-Hirschman Indexes for competition. The overall index … of regulation doesn’t have a clear impact on risk. However, subindexes indicating quantity regulation is associated with …

. Financial stability is achieved with an LTV-cap regulation which smooths the leverage cycles through quantity (higher equity …

opportunistic profit (rent) seeking was more the cause rather than the effect of moral hazard and regulation failure. Deregulation … absence of effective regulation. That explains why with deregulation market competition could culminate in excessive risk …Drawing broadly on the literature on the political economy of the financial crisis, the paper looks at deregulation as …