Goodhart, Charles A. E.; Kashyap, Anil K; Tsomocos, … - In: International Journal of Central Banking 9 (2013) 1, pp. 109-144
In this companion paper to Goodhart et al. (2012), we explore the interactions of various types of financial regulation. We find that regulations that control fire-sale risk are critical for delivering financial stability and improving the welfare of savers and borrowers. We describe the...