Freixas, Xavier. An Overall Perspective on Banking Regulation. 2005
http://hdl.handle.net/10230/1245
|
Title:
|
An Overall Perspective on Banking Regulation |
|
Author:
|
Freixas, Xavier
|
|
Other authors:
|
Universitat Pompeu Fabra. Departament d'Economia i Empresa
|
|
Abstract:
|
We survey the theory of banking regulation from the general perspective of regulatory theory. Starting by considering the different justifications of financial intermediation, we proceed to identify the market failures that make banking regulation necessary. We then succinctly compare how the analysis of regulation compares in the domains of banking and industrial organization. Finally we analyse why a safety net for banks could be part of banking regulation and how it can be structured in an efficient way.
|
|
Document type:
|
Working paper
|
|
Date:
|
2005 |
|
Rights:
|
Aquest document està subjecte a una llicència d'ús de Creative Commons, amb la qual es permet copiar, distribuir i comunicar públicament l'obra sempre que se'n citin l'autor original, la universitat i el departament i no se'n faci cap ús comercial ni obra derivada, tal com queda estipulat en la llicència d'ús (http://creativecommons.org/licenses/by-nc-nd/2.5/es/)
|
Show full document record