.S. financial regulation: (i) enactment is invariably crisis driven, adopted at a time when there is a paucity of information … Law” of U.S. financial regulation. The ensuing one-way regulatory ratchet generated by repeated financial crises has … experimentation to financial regulation. The use of those techniques, properly implemented, advances means-ends rationality, by better …

-based cryptocurrencies are antithetical to the existing centralized structure of monetary and financial regulation. By shifting the policy … cryptocurrencies at the code or protocol layer, which might not be desirable, even if feasible, the regulation should target the … interdictions of regulation towards the middlemen, and can be enforced by the existing financial market participants and traditional …

Two central discussions regarding regulation of the financial sector have been developing alongside each other: one … between the literature dealing with organizational design, public policy, and financial regulation. The main conclusion of … this paper is that in the field of financial regulation, a fragmented regulatory structure is better equipped to facilitate …

benefits. Contrary to claims in the literature that “equity is expensive” and that regulation requiring more equity in the … funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the … inefficiently high borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic …

. Contrary to claims in the literature that "equity is expensive" and that regulation requiring more equity in the funding mix … entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high … borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic risk; if such …