Bhattacharya, Sudipto; Boot, Arnoud W A; Thakor, Anjan V - In: Journal of Money, Credit and Banking 30 (1998) 4, pp. 745-70
The authors review the economics of bank regulation as developed in the contemporary literature. They begin with an examination of the central aspects of modern banking theories in explaining the asset transformation function of intermediaries, optimal bank liability contracts, coordination...