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There is general agreement that financial regulation and supervision must be improved. But are the proposed reforms …
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Financial regulation and supervision must change. Everybody agrees about that. But which is the state of the art? Both … regulation, which caused two intertwined deficits: an information deficit and a behavioral deficit. In order not to risk making …
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In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which...
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