Acharya, Viral V. (contributor); … - 2004
and CEPR
Tanju Yorulmazer3
Bank of England
J.E.L. Classification: G21, G28, G38, E58, D62.
Keywords: Bank regulation … Regulation Division, Bank of England, Threadneedle
Street, London, EC2R 8AH, Tel: +44 (0) 20 7601 3198 Fax: +44 (0) 20 7601 3217 …
systemic risk, the risk that many banks may fail together. The ex-post optimal regulation
may thus be sub-optimal from an ex …