This paper assesses the choice of different regulatory policy instruments for crisis management and prevention. We show that Capital and Liquidity Requirements (as Basel III proposes) are not sufficient to ensure Financial Stability. Three different tools are required to address three different inefficiencies. Capital requirements mitigate 'structural' default frictions; liquidity requirements contain the contagious effects of small shocks by stemming the collapse of collateral and asset prices; and margin requirements protect against excessive leverage and securitization
This thesis focuses on international banking regulation, particularly the capital adequacy requireme...
The recent crisis has led to a thriving academic and policy debate on the future regulation of finan...
In this paper is devoted to problems of the introduction of new capital and liquidity standards prop...
ABSTRACT: This paper argues and identifies in its previous part the main hallmarks of the crisis as ...
Thesis (PhD.(Economics) North-West University, Mafikeng Campus, 2013Some financial experts have blam...
In previous studies, the OECD has identified the main hallmarks of the crisis as too-big-to-fail ins...
Banks and other financial institutions may increase the amount of credit available in the financial ...
The financial sector is crucial for the smooth functioning of the economy. For this reason, the auth...
ABSTRACT The global financial crisis raises questions about the proper objectives of financial regul...
ABSTRACT The global financial crisis raises questions about the proper objectives of financial regul...
In the Basel regulation the required capital of a financial institution is based on conditional mea...
National audienceThe post-crisis financial reforms address the need for systemic regulation, focused...
This book addresses the interaction of monetary and regulatory policy to achieve the important goal ...
As bank failures clearly involve avoidable costs, there is a welfare benefit to be derived from lowe...
The focus of the present paper is the topic of financial stability and the effects of existing regul...
This thesis focuses on international banking regulation, particularly the capital adequacy requireme...
The recent crisis has led to a thriving academic and policy debate on the future regulation of finan...
In this paper is devoted to problems of the introduction of new capital and liquidity standards prop...
ABSTRACT: This paper argues and identifies in its previous part the main hallmarks of the crisis as ...
Thesis (PhD.(Economics) North-West University, Mafikeng Campus, 2013Some financial experts have blam...
In previous studies, the OECD has identified the main hallmarks of the crisis as too-big-to-fail ins...
Banks and other financial institutions may increase the amount of credit available in the financial ...
The financial sector is crucial for the smooth functioning of the economy. For this reason, the auth...
ABSTRACT The global financial crisis raises questions about the proper objectives of financial regul...
ABSTRACT The global financial crisis raises questions about the proper objectives of financial regul...
In the Basel regulation the required capital of a financial institution is based on conditional mea...
National audienceThe post-crisis financial reforms address the need for systemic regulation, focused...
This book addresses the interaction of monetary and regulatory policy to achieve the important goal ...
As bank failures clearly involve avoidable costs, there is a welfare benefit to be derived from lowe...
The focus of the present paper is the topic of financial stability and the effects of existing regul...
This thesis focuses on international banking regulation, particularly the capital adequacy requireme...
The recent crisis has led to a thriving academic and policy debate on the future regulation of finan...
In this paper is devoted to problems of the introduction of new capital and liquidity standards prop...