Showing 1 - 10 of 38,651
After the destructive impact of the global financial crisis of 2008, many believe that pre-crisis financial market regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly "missed the forest for the trees". As a result, the...
Persistent link: https://www.econbiz.de/10011477338
Persistent link: https://www.econbiz.de/10011790739
In the wake of the global financial crisis that erupted in 2008, there has been extensive commentary and regulatory focus on the 'Too Big to Fail' issue. In this paper, we survey the proposed solutions and regulatory initiatives that have been undertaken. We conduct a longitudinal analysis of...
Persistent link: https://www.econbiz.de/10012022346
bank market values hardly respond to changes in the default risk of individual systemic banks. Together, however, changes …
Persistent link: https://www.econbiz.de/10010354063
This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking directive up until its most recent developments in...
Persistent link: https://www.econbiz.de/10013006258
This article explores some of the difficult issues in financial regulation for financial stability. Noting the lack of prior academic work in the topic, this article presents a discussion of some difficult issues in financial regulation for financial stability. Some of the difficult issues...
Persistent link: https://www.econbiz.de/10013298304
the individual bank or for the system as a whole. Objections to substantial increases in capital requirements rest on …
Persistent link: https://www.econbiz.de/10008662638
the individual bank or for the system as a whole. Objections to substantial increases in capital requirements rest on …
Persistent link: https://www.econbiz.de/10014193276
This paper examines the driving effect of economic policy uncertainty on bank systemic risk with a distinction between … systemic linkage and bank tail risk. Using bank-level data of 25 economies during the period 2010-2020, we find consistent and … robust evidence that policy uncertainty is negatively associated with bank tail risk but positively related to systemic …
Persistent link: https://www.econbiz.de/10013404472