AbstractWhere should we be headed in financial reform? Are we on the right road and are we getting there at the right pace?…

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Making banks resolvable is a key component of the regulatory reform programme enacted in response to the crisis. A resolvable bank is one that is “safe to fail”: it can fail and be resolved without cost to the taxpayer and without significant disruption to the financial markets or the...

Bringing scholars and policymakers to the frontiers of research and addressing the critical issues of the day, the book presents original important new theoretical and empirical results. The distinguished contributors include: P. Agrel, K. Alexander, J. Crémer, X. Dassiou, G. Deltas, F. Etro,...