Financial Regulation and the Grabbing Hand
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Barth,James R. & Caprio,Gerard & Levine,Ross, 2008.
"Rethinking Bank Regulation,"
Cambridge Books,
Cambridge University Press, number 9780521709309, October.
- Barth,James R. & Caprio,Gerard & Levine,Ross, 2006. "Rethinking Bank Regulation," Cambridge Books, Cambridge University Press, number 9780521855761, October.
- Jean-Jacques Laffont & Jean Tirole, 1991.
"The Politics of Government Decision-Making: A Theory of Regulatory Capture,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(4), pages 1089-1127.
- Jean-Jacques Laffont & Jean Tirole, 1988. "The Politics of Government Decision-Making: A Theory of Regulatory Capture," Working papers 506, Massachusetts Institute of Technology (MIT), Department of Economics.
- Jean-Jacques LAFFONT & Jean TIROLE, 1990. "The Politics of Government Decision-Making : a Theory of Regulatory Capture," Cahiers de Recherches Economiques du Département d'économie 9004, Université de Lausanne, Faculté des HEC, Département d’économie.
- Luc Laeven, 2004.
"The Political Economy of Deposit Insurance,"
Journal of Financial Services Research, Springer;Western Finance Association, vol. 26(3), pages 201-224, December.
- Laeven, Luc, 2004. "The political economy of deposit insurance," Policy Research Working Paper Series 3247, The World Bank.
- Blau, Benjamin M. & Brough, Tyler J. & Thomas, Diana W., 2013. "Corporate lobbying, political connections, and the bailout of banks," Journal of Banking & Finance, Elsevier, vol. 37(8), pages 3007-3017.
- Dyck, Alexander & Moss, David A. & Zingales, Luigi, 2008. "Media versus Special Interests," Working Papers 224, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Mathias Dewatripont & Jean Tirole, 1994. "The prudential regulation of banks," ULB Institutional Repository 2013/9539, ULB -- Universite Libre de Bruxelles.
- Raghuram G. Rajan & Rodney Ramcharan, 2011.
"Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century,"
Journal of Finance, American Finance Association, vol. 66(6), pages 1895-1931, December.
- Rajan, Raghuram G. & Ramcharan, Rodney, 2009. "Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century," Working Papers 226, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Raghuram G. Rajan & Rodney Ramcharan, 2009. "Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century," NBER Working Papers 15083, National Bureau of Economic Research, Inc.
- Rajan, Raghuram G. & Zingales, Luigi, 2003. "The great reversals: the politics of financial development in the twentieth century," Journal of Financial Economics, Elsevier, vol. 69(1), pages 5-50, July.
- Kroszner, Randall S & Stratmann, Thomas, 1998.
"Interest-Group Competition and the Organization of Congress: Theory and Evidence from Financial Services' Political Action Committees,"
American Economic Review, American Economic Association, vol. 88(5), pages 1163-1187, December.
- Randall S. Kroszner & Thomas Stratmann, "undated". "Interest Group Competition and the Organization of Congress: Theory and Evidence from Financial Services', Political Action Committees," CRSP working papers 465, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Randall S. Kroszner & Thomas Stratmann, 1998. "Interest Group Competition and the Organization of Congress: Theory and Evidence from Financial Services' Political Action Committees," CRSP working papers 349, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Kroszner, Randall S. & Stratmann, Thomas, 1996. "Interest Group Competition and the Organization of Congress: Theory And Evidence from Financial Services Political Action Committees," Working Papers 126, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
- Yaron Leitner, 2005. "Financial Networks: Contagion, Commitment, and Private Sector Bailouts," Journal of Finance, American Finance Association, vol. 60(6), pages 2925-2953, December.
- Douglas W. Diamond & Philip H. Dybvig, 2000.
"Bank runs, deposit insurance, and liquidity,"
Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 24(Win), pages 14-23.
- Diamond, Douglas W & Dybvig, Philip H, 1983. "Bank Runs, Deposit Insurance, and Liquidity," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 401-419, June.
- Efraim Benmelech & Tobias J. Moskowitz, 2010.
"The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 19th Century,"
Journal of Finance, American Finance Association, vol. 65(3), pages 1029-1073, June.
- Efraim Benmelech & Tobias J. Moskowitz, 2007. "The Political Economy of Financial Regulation: Evidence from U.S. State Usury Laws in the 19th Century," NBER Working Papers 12851, National Bureau of Economic Research, Inc.
- Carr, Jack L & Mathewson, G Frank, 1988. "Unlimited Liability as a Barrier to Entry," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 766-784, August.
- Alexander Dyck & David Moss & Luigi Zingales, 2013.
"Media versus Special Interests,"
Journal of Law and Economics, University of Chicago Press, vol. 56(3), pages 521-553.
- Zingales, Luigi & Dyck, Alexander & ,, 2008. "Media versus Special Interests," CEPR Discussion Papers 6994, C.E.P.R. Discussion Papers.
- Alexander Dyck & David Moss & Luigi Zingales, 2008. "Media versus Special Interests," NBER Working Papers 14360, National Bureau of Economic Research, Inc.
- Enrico C. Perotti & Ernst-Ludwig von Thadden, 2006. "The Political Economy of Corporate Control and Labor Rents," Journal of Political Economy, University of Chicago Press, vol. 114(1), pages 145-174, February.
- Eisert, Tim & Eufinger, Christian, 2014. "Interbank network and bank bailouts: Insurance mechanism for non-insured creditors?," SAFE Working Paper Series 10, Leibniz Institute for Financial Research SAFE, revised 2014.
- Sinn, Hans-Werner, 1982.
"Kinked utility and the demand for human wealth and liability insurance,"
European Economic Review, Elsevier, vol. 17(2), pages 149-162.
- Sinn, Hans-Werner, 1982. "Kinked utility and the demand for human wealth and liability insurance," Munich Reprints in Economics 19909, University of Munich, Department of Economics.
- Richard J. Herring, 2011. "The Capital Conundrum," International Journal of Central Banking, International Journal of Central Banking, vol. 7(4), pages 171-187, December.
- Stephen Nunez, 2004. "Bankruptcy "Reform" in Congress: Creditors, Committees, Ideology, and Floor Voting in the Legislative Process," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 20(2), pages 527-557, October.
- Calomiris, Charles W & Kahn, Charles M, 1991. "The Role of Demandable Debt in Structuring Optimal Banking Arrangements," American Economic Review, American Economic Association, vol. 81(3), pages 497-513, June.
- Martin Hellwig, 2010.
"Capital Regulation after the Crisis: Business as Usual?,"
ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 8(02), pages 40-46, July.
- Martin Hellwig, 2010. "Capital Regulation after the Crisis: Business as Usual?," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2010_31, Max Planck Institute for Research on Collective Goods.
- Charles Calomiris, 1995. "The Costs of Rejecting Universal Banking: American Finance in the German Mirror, 1870-1914," NBER Chapters, in: Coordination and Information: Historical Perspectives on the Organization of Enterprise, pages 257-322, National Bureau of Economic Research, Inc.
- Fohlin,Caroline, 2011.
"Finance Capitalism and Germany's Rise to Industrial Power,"
Cambridge Books,
Cambridge University Press, number 9780521396608, October.
- Fohlin,Caroline, 2007. "Finance Capitalism and Germany's Rise to Industrial Power," Cambridge Books, Cambridge University Press, number 9780521810203, September.
- North, Douglass C. & Weingast, Barry R., 1989. "Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England," The Journal of Economic History, Cambridge University Press, vol. 49(4), pages 803-832, December.
- Milton Friedman & Anna J. Schwartz, 1963. "A Monetary History of the United States, 1867–1960," NBER Books, National Bureau of Economic Research, Inc, number frie63-1.
- Ranjit Lall, 2012. "From failure to failure: The politics of international banking regulation," Review of International Political Economy, Taylor & Francis Journals, vol. 19(4), pages 609-638.
- repec:ces:ifodic:v:8:y:2010:i:2:p:14566986 is not listed on IDEAS
- Naomi R. Lamoreaux & Daniel M. G. Raff, 1995. "Coordination and Information: Historical Perspectives on the Organization of Enterprise," NBER Books, National Bureau of Economic Research, Inc, number lamo95-1.
- Richard S. Grossman, 2010. "Unsettled Account: The Evolution of Banking in the Industrialized World since 1800," Economics Books, Princeton University Press, edition 1, number 9219.
- Webb, Steven B., 1982. "Agricultural Protection in Wilhelminian Germany: Forging an Empire with Pork and Rye," The Journal of Economic History, Cambridge University Press, vol. 42(2), pages 309-326, June.
- Herring, Richard, 2011. "The Capital Conundrum," Working Papers 11-70, University of Pennsylvania, Wharton School, Weiss Center.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- repec:ces:ifodic:v:11:y:2014:i:4:p:19105947 is not listed on IDEAS
- Florian Buck, 2014. "Financial Regulation and the Grabbing Hand," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 11(4), pages 03-13, 01.
- Hans Degryse & Thomas Lambert & Armin Schwienbacher, 2018.
"The Political Economy of Financial Systems: Evidence from Suffrage Reforms in the Last Two Centuries,"
Economic Journal, Royal Economic Society, vol. 128(611), pages 1433-1475, June.
- Degryse, Hans & Schwienbacher, Armin & Lambert, Thomas, 2013. "The Political Economy of Financial Systems: Evidence from Suffrage Reforms in the Last Two Centuries," CEPR Discussion Papers 9621, C.E.P.R. Discussion Papers.
- Degryse, H.A. & Lambert, T. & Schwienbacher, A., 2013. "The Political Economy of Financial Systems : Evidence from Suffrage Reforms in the Last Two Centuries," Other publications TiSEM f8f93890-8d13-41c2-9fb0-9, Tilburg University, School of Economics and Management.
- Hans Degryse & Thomas Lambert & Armin Schwienbacher, 2013. "The Political Economy of Financial Systems: Evidence from Suffrage Reforms in the Last Two Centuries," CESifo Working Paper Series 4527, CESifo.
- Degryse, H.A. & Lambert, T. & Schwienbacher, A., 2013. "The Political Economy of Financial Systems : Evidence from Suffrage Reforms in the Last Two Centuries," Discussion Paper 2013-046, Tilburg University, Center for Economic Research.
- Degryse, H.A. & Lambert, T. & Schwienbacher, A., 2013. "The Political Economy of Financial Systems : Evidence from Suffrage Reforms in the Last Two Centuries," Other publications TiSEM ec4ce347-9cad-4d91-b347-d, Tilburg University, School of Economics and Management.
- Michael D. Bordo & Christopher M. Meissner, 2015. "Growing Up to Stability? Financial Globalization, Financial Development and Financial Crises," NBER Working Papers 21287, National Bureau of Economic Research, Inc.
- Ernest Dautovic, 2019.
"Has Regulatory Capital Made Banks Safer? Skin in the Game vs Moral Hazard,"
Cahiers de Recherches Economiques du Département d'économie
19.03, Université de Lausanne, Faculté des HEC, Département d’économie.
- Dautović, Ernest, 2020. "Has regulatory capital made banks safer? Skin in the game vs moral hazard," Working Paper Series 2449, European Central Bank.
- Dautović, Ernest, 2019. "Has regulatory capital made banks safer? Skin in the game vs moral hazard," ESRB Working Paper Series 91, European Systemic Risk Board.
- Buck, Florian & Hildebrand, Nikolaus, 2014. "Elites and Bank-Based Finance: A political economy model on the emergence of financial systems," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100336, Verein für Socialpolitik / German Economic Association.
- João Santos, 1998.
"Commercial Banks in the Securities Business: A Review,"
Journal of Financial Services Research, Springer;Western Finance Association, vol. 14(1), pages 35-60, July.
- João A. C. Santos, 1996. "Commercial banks in the securities business: a review," Working Papers (Old Series) 9610, Federal Reserve Bank of Cleveland.
- João A. C. Santos, 1998. "Commercial banks in the securities business: A review," BIS Working Papers 56, Bank for International Settlements.
- Skeie, David R., 2008.
"Banking with nominal deposits and inside money,"
Journal of Financial Intermediation, Elsevier, vol. 17(4), pages 562-584, October.
- David R. Skeie, 2008. "Banking with nominal deposits and inside money," Staff Reports 242, Federal Reserve Bank of New York.
- Tryggvi Gudmundsson, 2016. "Whose Credit Line is it Anyway: An Update on Banks' Implicit Subsidies," IMF Working Papers 2016/224, International Monetary Fund.
- Brunnermeier, Markus K. & Oehmke, Martin, 2013.
"Bubbles, Financial Crises, and Systemic Risk,"
Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 1221-1288,
Elsevier.
- Markus K. Brunnermeier & Martin Oehmke, 2012. "Bubbles, Financial Crises, and Systemic Risk," NBER Working Papers 18398, National Bureau of Economic Research, Inc.
- Viral V. Acharya & Hyun Song Shin & Tanju Yorulmazer, 2011.
"Crisis Resolution and Bank Liquidity,"
The Review of Financial Studies, Society for Financial Studies, vol. 24(6), pages 2166-2205.
- Viral V. Acharya & Hyun Song Shin & Tanju Yorulmazer, 2009. "Crisis Resolution and Bank Liquidity," NBER Working Papers 15567, National Bureau of Economic Research, Inc.
- Wagner, Wolf & Lambert, Thomas & Zhang, Eden Quxian, 2020. "Banks, Political Capital, and Growth," CEPR Discussion Papers 15612, C.E.P.R. Discussion Papers.
- Gorton, Gary & Winton, Andrew, 2003.
"Financial intermediation,"
Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, edition 1, volume 1, chapter 8, pages 431-552,
Elsevier.
- Gary Gorton & Andrew Winton, 2002. "Financial Intermediation," NBER Working Papers 8928, National Bureau of Economic Research, Inc.
- Gary Gorton & Andrew Winton, 2002. "Financial Intermediation," Center for Financial Institutions Working Papers 02-28, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Raghuram G. Rajan & Rodney Ramcharan, 2011.
"Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century,"
Journal of Finance, American Finance Association, vol. 66(6), pages 1895-1931, December.
- Rajan, Raghuram G. & Ramcharan, Rodney, 2009. "Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century," Working Papers 226, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
- Raghuram G. Rajan & Rodney Ramcharan, 2009. "Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century," NBER Working Papers 15083, National Bureau of Economic Research, Inc.
- Franklin Allen & Xian Gu & Oskar Kowalewski, 2017.
"Financial structure, economic growth and development,"
Post-Print
hal-01917114, HAL.
- Allen, Franklin & Gu, Xian & Kowalewski, Oskar, 2018. "Financial Structure, Economic Growth and Development," CEPR Discussion Papers 12859, C.E.P.R. Discussion Papers.
- Demirgüç-Kunt, Asli & Kane, Edward J. & Laeven, Luc, 2008.
"Determinants of deposit-insurance adoption and design,"
Journal of Financial Intermediation, Elsevier, vol. 17(3), pages 407-438, July.
- Demirguc-Kunt, Asli & Kane, Edward J. & Laeven, Luc, 2006. "Determinants of deposit-insurance adoption and design," Policy Research Working Paper Series 3849, The World Bank.
- Asli Demirguc-Kunt & Edward J. Kane & Luc Laeven, 2007. "Determinants of Deposit-Insurance Adoption and Design," NBER Working Papers 12862, National Bureau of Economic Research, Inc.
- Rajkamal Iyer & José-Luis Peydró, 2011.
"Interbank Contagion at Work: Evidence from a Natural Experiment,"
The Review of Financial Studies, Society for Financial Studies, vol. 24(4), pages 1337-1377.
- Iyer, Rajkamal & Peydró, José-Luis, 2011. "Interbank contagion at work: Evidence from a natural experiment," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 24(4), pages 1337-1377.
- Iyer, Rajkamal & Peydró, José-Luis, 2010. "Interbank contagion at work: evidence from a natural experiment," Working Paper Series 1147, European Central Bank.
- Liang, H. & Renneboog, L.D.R., 2013.
"The Foundations of Corporate Social Responsibility (replaced by CentER DP 2014-069),"
Discussion Paper
2013-071, Tilburg University, Center for Economic Research.
- Liang, H. & Renneboog, L.D.R., 2013. "The Foundations of Corporate Social Responsibility (replaced by CentER DP 2014-069)," Other publications TiSEM 16b08907-926a-4eab-bbde-8, Tilburg University, School of Economics and Management.
- Malgorzata Olszak & Mateusz Pipien & Iwona Kowalska & Sylwia Roszkowska, 2015. "Do regulations and supervision shape the capital crunch effect of large banks in the EU?," Faculty of Management Working Paper Series 32015, University of Warsaw, Faculty of Management.
- Beck, T.H.L., 2011.
"The Role of Finance in Economic Development : Benefits, Risks, and Politics,"
Discussion Paper
2011-141, Tilburg University, Center for Economic Research.
- Beck, T.H.L., 2011. "The Role of Finance in Economic Development : Benefits, Risks, and Politics," Other publications TiSEM aeeeb28f-152e-40dc-a1b7-5, Tilburg University, School of Economics and Management.
- Beck, T.H.L., 2011. "The Role of Finance in Economic Development : Benefits, Risks, and Politics," Other publications TiSEM f9c81fe6-f2cd-4fa7-b598-e, Tilburg University, School of Economics and Management.
- Butzbach Olivier & von Mettenheim Kurt E., 2015. "Alternative Banking and Theory," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 5(2), pages 105-171, July.
More about this item
JEL classification:
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifodic:v:11:y:2014:i:04:p:03-13. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.