Related links: http://www.richmondfed.org/publications/research/region_focus/2011/q4/policy_update_weblinks.cfm

Related links:http://www.richmondfed.org/publications/research/region_focus/2012/q4/policy_update_weblinks.cfm

The failure and bailout of some prominent financial institutions amid the crisis of 2007-09, and the effect these events had on the economy as a whole, have led policymakers to rethink how the global financial system is regulated. These changes, commonly known as the Basel III Accords, will...

In remarks at a meeting of the Joint Economic Committee, President Charles I. Plosser discussed the importance of implementing regulatory changes that would help to avert financial crises in the future.

This paper studies unintended consequences of price cap regulation in the presence of demand externalities in the context of payment cards. The recent U.S. debit card regulation was intended to lower merchant card acceptance costs by capping the maximum interchange fee. However, small-ticket...