Bach, Wolfgang; Nguyen, Tristan - In: Journal of applied finance & banking 2 (2012) 1, pp. 127-149
The paper examines whether there is an economic justification for a macroprudential approach to insurance regulation … characterisation of a macroprudential approach to financial regulation as well as an explanation of the functions the insurance … prevailing opinion, the paper finds that the insurance industry is of systemic relevance, at least in terms of the efficient …
