benefits. Contrary to claims in the literature that “equity is expensive” and that regulation requiring more equity in the … funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the … inefficiently high borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic …

. Contrary to claims in the literature that "equity is expensive" and that regulation requiring more equity in the funding mix … entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high … borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic risk; if such …

European Commission's Draft Proposal to amend the EU-Rating Regulation, could possibly be eliminated by procedural presumptions …

This paper is one chapter of the volume “Regulation and Economics” of the second edition of the Encyclopedia of Law and … Economics.The authors review the economics of banking and financial markets and the regulatory response to market failure …. Market failure in finance depends on problems of information and externalities. Regulation addresses these problems through …

With the introduction of the Capital Requirements Regulation (CRR) in the European Union, the qualitative requirements … the original concepts introduced by the Basel Committee on Banking Supervision as regards capital requirements for banks …