Narrow search
Showing 1 - 10 of 38,844
Cover Image
Principles of Financial Regulation
Armour, John - 2018
Inadequate regulation of the financial system is widely thought to have contributed to the financial crisis. The … purpose of the book is to articulate a framework within which financial regulation can be analysed in a coherent and … regulation is best understood in the context of an appreciation of the entire financial system. Third it is international and …
Persistent link: https://www.econbiz.de/10012937668
Cover Image
Dampening Financial Regulatory Cycles
McDonnell, Brett - 2013
Financial regulation should be countercyclical, strengthening during speculative booms to contain excessive leverage … and loosening following crises so as to not limit credit extension in hard times. And yet, financial regulation in fact … choice perspective on financial regulation, i.e. rational choice ideas drawn from economics and applied to politics, but with …
Persistent link: https://www.econbiz.de/10013086761
Cover Image
Bank capital, financial stability and Basel regulation in a low interest-rate environment
Rubio, Margarita; Yao, Fang - In: International review of economics & finance : IREF 67 (2020), pp. 378-392
Persistent link: https://www.econbiz.de/10012485970
Cover Image
New Approaches to International Financial Regulation
Riles, Annelise - 2017
What has happened to scholarship on international financial regulation since the global financial crisis? This paper …
Persistent link: https://www.econbiz.de/10014140692
Cover Image
Effect of Financial Globalization on Bank Risk : Role of Rollover Risk
Li, Xiang - 2019
This paper investigates the effects of financial globalization on bank risk by highlighting the role of rollover risk. We extend the canonical rollover risk model by allowing an “active” bank manager to choose excessive risk-taking or systemic risk-shifting actions. Financial globalization...
Persistent link: https://www.econbiz.de/10012901637
Cover Image
Constraints to Improving Financial Sector Regulation
Ciuriak, Dan - 2013
Following every major financial debacle (of which we now have had three in the span of a decade – the Asian crisis, the dot-com bubble, and the subprime crisis), all the parties that bear some responsibility for the soundness of financial institutions come under scrutiny – the managers (and...
Persistent link: https://www.econbiz.de/10013078788
Cover Image
Financial Regulation and Cost-Benefit Analysis : A Comment
Sunstein, Cass R. - 2014
Many regulators have concluded that cost-benefit analysis is the best available method for capturing the welfare effects of regulations. It is therefore understandable that in recent years, some people have been interested in requiring financial regulators to engage in careful cost-benefit...
Persistent link: https://www.econbiz.de/10013054943
Cover Image
On Experimentation and Real Options in Financial Regulation
Spitzer, Matthew L. - 2014
In recent years, financial regulators have come under increasing judicial scrutiny for conducting inadequate cost/benefit assessments in advance of significant reforms. One facet of this scrutiny is judicial skepticism towards the proper role for regulatory experimentation (and the real option...
Persistent link: https://www.econbiz.de/10013056218
Cover Image
Increased-Liability Equity : A Proposal to Improve Capital Regulation of Large Financial Institutions
Admati, Anat R. - 2010
While it is recognized that the high degree of leverage used by financial institutions creates systemic risks and other negative externalities, many argue that equity financing is “expensive,” and that increased capital requirements will increase the cost of credit. Public subsidies of debt...
Persistent link: https://www.econbiz.de/10013149380
Cover Image
The limits of Central Counterparty Clearing : collusive moral hazard and market liquidity
Koeppl, Thorsten V. - 2013
Can central counterparty (CCP) clearing control counterparty risk in the presence of risk taking that can aggravate such risk? When counterparty risk is not observable, I show that central clearing leads to higher collateral requirements for two different reasons. Without collusion about risk...
Persistent link: https://www.econbiz.de/10009778596