regulation, recovery and resolution, and risk culture. …

think about information as well as market discipline and discuss policy implications and proposals for regulation. -- Mark …-to-Market ; Fair-Value Accounting ; Credit Rating Agencies ; Financial Crisis ; Regulation ; Financial Institutions ; Banks …

impact on the economy as well as the financial system they operate in. Therefore, the question of a potential regulation of … for or against regulation, * look at the major links between the two asset classes, * look at the major differences that …

failure of regulation to cope with its externalities. Differently from more standard explanations, which are based on … opportunism and/or irrationality of financial institutions, this analysis suggests that regulation has not just been insufficient …. Regulation has contributed to financial instability too, supporting fragile conventions to handle uncertainty and encouraging …

international differences in hedge fund regulation are significantly associated with the propensity of fund managers to misreport … wealth transfer to differences in hedge fund regulation …

This paper tests the idea that financial regulation can impact performance persistence in the context of the hedge fund … industry in 48 countries over the years 1994-2008. The data show evidence of three types of regulation influencing performance … institutional investors, enhance performance persistence. Finally, we show differences in the effect of regulation on persistence by …