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Governmental versus self-regulation of derivative markets: examining the U.S. and Brazilian experience

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  • Lazzarini, Sergio G.
  • Carvalho de Mello, Pedro

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  • Lazzarini, Sergio G. & Carvalho de Mello, Pedro, 2001. "Governmental versus self-regulation of derivative markets: examining the U.S. and Brazilian experience," Journal of Economics and Business, Elsevier, vol. 53(2-3), pages 185-207.
  • Handle: RePEc:eee:jebusi:v:53:y:2001:i:2-3:p:185-207
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    1. Houthakker, Hendrik S, 1982. "The Regulation of Financial and Other Futures Markets," Journal of Finance, American Finance Association, vol. 37(2), pages 481-491, May.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. Easterbrook, Frank H, 1986. "Monopoly, Manipulation, and the Regulation of Futures Markets," The Journal of Business, University of Chicago Press, vol. 59(2), pages 103-127, April.
    4. Telser, Lester G & Higinbotham, Harlow N, 1977. "Organized Futures Markets: Costs and Benefits," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 969-1000, October.
    5. Harold Demsetz, 1968. "The Cost of Transacting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(1), pages 33-53.
    6. Yoram Barzel, 1997. "Measurement Cost and the Organization of Markets," Chapters, in: Svetozar Pejovich (ed.), The Economic Foundations of Property Rights, chapter 13, pages 171-192, Edward Elgar Publishing.
    7. Stanley R. Pliska & Catherine T. Shalen, 1991. "The effects of regulations on trading activity and return volatility in futures markets," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 11(2), pages 135-151, April.
    8. Back, Kerry, 1992. "Insider Trading in Continuous Time," The Review of Financial Studies, Society for Financial Studies, vol. 5(3), pages 387-409.
    9. Stone, Andrew & Levy, Brian & Paredes, Ricardo, 1992. "Public institutions and private transactions : the legal and regulatory environment for business private transactions in Brazil and Chile," Policy Research Working Paper Series 891, The World Bank.
    10. L. Kalavathi & Latha Shanker, 1991. "Margin requirements and the demand for futures contracts," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 11(2), pages 213-237, April.
    11. Tighe, Carla & Michener, Ron, 1994. "The Political Economy of Insider-Trading Laws," American Economic Review, American Economic Association, vol. 84(2), pages 164-168, May.
    12. Fischel, Daniel R, 1986. "Regulatory Conflict and Entry Regulation of New Futures Contracts," The Journal of Business, University of Chicago Press, vol. 59(2), pages 85-102, April.
    13. De Long, J Bradford & Andrei Shleifer & Lawrence H. Summers & Robert J. Waldmann, 1990. "Noise Trader Risk in Financial Markets," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 703-738, August.
    14. Hartzmark, Michael L, 1986. "The Effects of Changing Margin Levels on Futures Market Activity, the Composition of Traders in the Market, and Price Performance," The Journal of Business, University of Chicago Press, vol. 59(2), pages 147-180, April.
    15. Pashigian, B Peter, 1986. "The Political Economy of Futures Market Regulation," The Journal of Business, University of Chicago Press, vol. 59(2), pages 55-84, April.
    16. Kyle, Albert S, 1985. "Continuous Auctions and Insider Trading," Econometrica, Econometric Society, vol. 53(6), pages 1315-1335, November.
    17. Pashigian, B Peter, 1988. "Why Have Some Farmers Opposed Futures Markets?," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 371-382, April.
    18. William M. Dugger, 1996. "The Mechanisms of Governance," Journal of Economic Issues, Taylor & Francis Journals, vol. 30(4), pages 1212-1216, December.
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    2. Heeks, Richard & Duncombe, Richard, 2003. "Ethical Trade: Issues in the Regulation of Global Supply Chains," Centre on Regulation and Competition (CRC) Working papers 30674, University of Manchester, Institute for Development Policy and Management (IDPM).
    3. Kornienko, Natalia (Корниенко, Наталья) & Postnikova, N (Постникова, Н.) & Velikova, Elisa (Великова, Елиса) & Gulyaeva, S (Гуляева, С.), 2015. "Tax Competition between Countries and Associations of Countries in the Former Soviet Union [Налоговая Конкуренция Между Странами И Объединениями Стран На Постсоветском Пространстве]," Published Papers mn15, Russian Presidential Academy of National Economy and Public Administration.
    4. Kim, Soo Wook, 2007. "Organizational structures and the performance of supply chain management," International Journal of Production Economics, Elsevier, vol. 106(2), pages 323-345, April.
    5. Senderski, Marcin, 2012. "Self-regulation as a remedy for market turmoil: An over-the-counter or a prescription drug?," MPRA Paper 51328, University Library of Munich, Germany.
    6. Monika Marcinkowska, 2013. "Regulation and self-regulation in banking: in search of optimum," Bank i Kredyt, Narodowy Bank Polski, vol. 44(2), pages 119-158.

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