This paper documents the long-run effects of an important reform of capital regulation for U.S. insurance companies in …-yield) MBS post reform. Our findings are consistent with the view that the regulation and supervision of the U.S. insurance …

Atlantic. We show that the regulation of bankers' pay is presently more detailed and less flexible in Europe than in the US …

of a financial crisis: 1) Regulation creates two categories of financial institutions. The first class faces greater … subsidized funds to make riskier investments (including investments in the second class) without regulation compensating for …

lack of regulation but from a failure to fully implement existing regulations. At the same time, the crisis evolved in … stages (regulation and supervision, securitization, and a run on investment banks), each stage associated with a particular … employment, leaving the need for fundamental financial regulation in the background. -- Financial regulation ; financial crisis …

used to regulate institutional investors. We show that introducing rating-contingent regulation that favors highly rated …