Acharya, Viral V. (contributor); … - 2006
and CEPR
Tanju Yorulmazer3
Bank of England
J.E.L. Classi�cation: G21, G28, G38, E58, D62.
Keywords: Bank regulation …-inconsistency
of bank regulation. We also compare too-many-to-fail problem with too-big-to-fail problem
and show that small banks have … in the Appendix.
2 Related Literature
The idea that bank regulation may be time-inconsistent and may induce moral hazard …