rationalize the lack of reform, exposing them as invalid. Admati and Hellwig argue we can have a safer and healthier banking … situation benefits bankers, it distorts the economy and exposes the public to unnecessary risks. Weak regulation and ineffective … enforcement allowed the buildup of risks that ushered in the financial crisis of 2007-2009. Much can be done to create a better …

rationalize the lack of reform, exposing them as invalid. Admati and Hellwig argue we can have a safer and healthier banking … situation benefits bankers, it distorts the economy and exposes the public to unnecessary risks. Weak regulation and ineffective … enforcement allowed the buildup of risks that ushered in the financial crisis of 2007-2009. Much can be done to create a better …

cross-country survey on people's opinions on employment protection legislation-an area where reform has proven to be … personal pay-offs. A randomized information treatment confirms that beliefs explain views about reform, but beliefs can change …

regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to … annual data from 1999 to 2011 drawn from 132 countries. The probability of a financial crisis fits an inverted U-shaped curve …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …