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Bank deregulation in the form of the repeal of the Glass-Steagall Act facilitated the entry of non-bank lenders into the market for syndicated loans during the pre-2008 credit boom. Institutional investors disproportionately purchase tranches of loans originated by universal banks able to...
Persistent link: https://www.econbiz.de/10014533282
U.S. state-level banking deregulation during the 1980’s mitigated the impact of the China trade shock (CTS) on local …
Persistent link: https://www.econbiz.de/10012438347
U.S. state-level banking deregulation during the 1980’s mitigated the impact of the China trade shock (CTS) on local …
Persistent link: https://www.econbiz.de/10012510644
U.S. state-level banking deregulation during the 1980's mitigated the impact of the China trade shock (CTS) on local …
Persistent link: https://www.econbiz.de/10012292128
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local …
Persistent link: https://www.econbiz.de/10012900427
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local …
Persistent link: https://www.econbiz.de/10013313377
Persistent link: https://www.econbiz.de/10014427469
Americans expect federal regulation to accomplish many important things, such as protecting the country from financial … fraudsters, preventing workplace injuries, preserving clean air, and deterring terrorist attacks. Regulation also requires … tradeoffs—there is no such thing as a free lunch. Depending on the regulation, consumers may pay more, workers may receive less …
Persistent link: https://www.econbiz.de/10012910440
What were the market and regulatory issues that led to the subprime crisis? How should prudential regulation be fixed …
Persistent link: https://www.econbiz.de/10013089734
In the wake of the global financial crisis (GFC), many nations embarked on reform to the financial regulatory system. This reform, unprecedented in its scope, touched virtually every part of the financial system in the United States and Western Europe. This article summarizes the key reforms,...
Persistent link: https://www.econbiz.de/10012912588