. The results of the study find that one peak and twin peaks are not inherently different if regulation externalities are … efficient than one peak in this case. If regulation incompleteness is produced by regulator, neither one peak nor twin peaks can … regulation incompleteness by regulator can be improved or eliminated if supervisors are independent from regulator and have clear …

market participants, and regulation. We reviewed theoretical and empirical studies on the causes of systemic risk that can … transferring to other institutions. We discuss the policy measures that can improve the regulation and monitoring of financial …