Monetary economists have long recognized a tension between the benefits of fractional reserve banking, such as the ability to undertake more profitable (long-term) investment opportunities, and the difficulties associated with fractional reserve banking, such as the risk of insolvency for each...

Monetary economists have long recognized a tension between the benefits of fractional reserve banking, such as the ability to undertake more profitable (long-term) investment opportunities, and the difficulties associated with it, such as the risk of in-solvency for each bank and the associated...

Die vorliegende Arbeit sucht mögliche Wege, einige Kernfragen der Bankenregulierung anzugehen. Zunächst analysieren wir den bestehenden Regulierungsrahmen und diskutieren seine grössten Schwächen. Zu diesem Zweck untersuchen wir, wie die Bankenregulierungen in der letzten Finanzkrise...