frame work for regulation of financial derivatives …

We evaluate the impact of mortgage regulation on credit volumes, household balance sheets and the reaction to adverse … illustrate this further by documenting that households affected by the regulation are more likely to sell their home when …

This paper sets forth a discussion framework for the information requirements of systemic financial regulation. It …

This paper sets forth a discussion framework for the information requirements of systemic financial regulation. It …

manifestation of asymmetric information in an environment of rapid financial innovation. The present paper reviews the asymmetric … information and financial innovation frameworks and applies those to major twentieth century U.S. financial crises. The paper …

of systemic financial regulation. It specifically describes a potential large macro-micro database for the U.S. based on …

This paper sets forth a discussion framework for the information requirements of systemic financial regulation. It …

Financial innovation is inextricably tied to asymmetric information and therefore sets the stage for financial crises … financial instruments that are primary market liabilities. But financial innovation, by definition, occurs outside the regulated … financial sector. Indeed, that is often the point of financial innovation! Hence, limiting regulators' scope of supervision to …

What is “financial innovation” and why should we care about it? This question has become increasingly important in the … wake of the recent financial crisis, yet the nature of financial innovation remains poorly understood. Drawing on the “New … Institutional Economics” literature, this Article contends that financial innovation should be understood first and foremost as a …