shape of MMF reform has been influenced by a turf war among regulators as the SEC has battled with bank regulators both … about the need for additional reforms and about the structure and timing of those reforms. Bank regulators have been …

previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and … regulation. In part, this is due to their neglect of important regulatory choices, which policy-makers are therefore left to take …