"Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that...

In der vorliegenden Arbeit greift der Verfasser eine besonders herausgehobene und viel diskutierte Ausprägung der Bankregulierung auf, nämlich die Eigenkapitalnormen, und stellt diesen Aspekt in den weiteren Kontext politökonomischer Argumentation. -- Burghofs Erklärungsansätze für die...

During the past two decades 130 of the 182 IMF member countries have experienced serious problems in their banking sectors or an outright banking crisis. Among the stylized facts about these crises are their often systemic nature, a pronounced boom-bust cyde and substantial financial involvement...

We use a Diamond/Dybvig-based model with two banks operating in separate regions connected by a common asset market in which banks and sophisticated depositors invest. We study the effect of a potential run (crisis) and subsequent fire sales on the asset price in both the crisis and no-crisis...