Financial crisis, efficient bailouts, and regulatory policy
Author
Abstract
Suggested Citation
DOI: 10.1080/17520843.2010.498131
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Claudio Borio, 2011.
"Implementing the Macroprudential Approach to Financial Regulation and Supervision,"
Chapters, in: Christopher J. Green & Eric J. Pentecost & Tom Weyman-Jones (ed.), The Financial Crisis and the Regulation of Finance, chapter 7,
Edward Elgar Publishing.
- Borio, C., 2009. "Implementing the macroprudential approach to financial regulation and supervision," Financial Stability Review, Banque de France, issue 13, pages 31-41, September.
- Eduardo Levy-Yeyati & Sergio L. Schmukler & Neeltje van Horen, 2010.
"Crises, Capital Controls and Financial Integration,"
Chapters, in: Masahiro Kawai & Mario B. Lamberte (ed.), Managing Capital Flows, chapter 6,
Edward Elgar Publishing.
- Yeyati, Eduardo Levy & Schmukler, Sergio L. & Van Horen, Neeltje, 2008. "Crises, capital controls, and financial integration," Policy Research Working Paper Series 4770, The World Bank.
- Eduardo Yeyati Levy, 2009. "Crises, Capital Controls, and Financial Integration," Working Papers id:2099, eSocialSciences.
- Bruce Lyons, 2009. "Competition Policy, Bailouts, and the Economic Crisis," CPI Journal, Competition Policy International, vol. 5.
- Emmanuel Farhi & Jean Tirole, 2012.
"Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts,"
American Economic Review, American Economic Association, vol. 102(1), pages 60-93, February.
- Emmanuel Farhi & Jean Tirole, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," NBER Working Papers 15138, National Bureau of Economic Research, Inc.
- Farhi, Emmanuel & Tirole, Jean, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," TSE Working Papers 09-052, Toulouse School of Economics (TSE), revised Oct 2010.
- Farhi, Emmanuel & Tirole, Jean, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," IDEI Working Papers 571, Institut d'Économie Industrielle (IDEI), Toulouse, revised Oct 2010.
- Farhi, Emmanuel & Tirole, Jean, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," Institutions and Markets Papers 52545, Fondazione Eni Enrico Mattei (FEEM).
- Jean Tirole & Emmanuel Farhi, 2010. "Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts," 2010 Meeting Papers 822, Society for Economic Dynamics.
- Jean Tirole & Emmanuel Farhi, 2009. "Collective Moral Hazard, Maturity Mismatch and Systemic Bailouts," Working Papers 2009.57, Fondazione Eni Enrico Mattei.
- Guembel, Alexander & Sussman, Oren, 2010.
"Liquidity, Contagion and Financial Crisis,"
IDEI Working Papers
664, Institut d'Économie Industrielle (IDEI), Toulouse.
- Guembel, Alexander & Sussman, Oren, 2010. "Liquidity, Contagion and Financial Crisis," TSE Working Papers 10-240, Toulouse School of Economics (TSE).
- Cinquegrana, Piero, 2009. "The Reform of the Credit Rating Agencies: A Comparative Perspective," ECMI Papers 1619, Centre for European Policy Studies.
- Gary Gorton, 2008.
"The panic of 2007,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 131-262.
- Gary B. Gorton, 2008. "The Panic of 2007," NBER Working Papers 14358, National Bureau of Economic Research, Inc.
- Gary Gorton, 2008. "The Panic of 2007," Yale School of Management Working Papers amz2372, Yale School of Management.
- Mark Doms & Frederick T. Furlong & John Krainer, 2007. "Subprime mortgage delinquency rates," Working Paper Series 2007-33, Federal Reserve Bank of San Francisco.
- Enrique G. Mendoza, 2008.
"Sudden Stops, Financial Crises and Leverage: A Fisherian Deflation of Tobin's Q,"
NBER Working Papers
14444, National Bureau of Economic Research, Inc.
- Enrique G. Mendoza, 2008. "Sudden stops, financial crises and leverage: a Fisherian deflation of Tobin's Q," International Finance Discussion Papers 960, Board of Governors of the Federal Reserve System (U.S.).
- Basu, Kaushik, 2009.
"A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package,"
Working Papers
09-11, Cornell University, Center for Analytic Economics.
- Kaushik Basu, 2009. "A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package," Working Papers id:2179, eSocialSciences.
- Augusto De La Torre & Alain Ize, 2010.
"Regulatory Reform: Integrating Paradigms,"
International Finance, Wiley Blackwell, vol. 13(1), pages 109-139, March.
- de la Torre, Augusto & Ize, Alain, 2009. "Regulatory reform : integrating paradigms," Policy Research Working Paper Series 4842, The World Bank.
- Kent Cherny & O. Emre Ergungor, 2009. "Effective practices in crisis resolution and the case of Sweden," Economic Commentary, Federal Reserve Bank of Cleveland, issue Feb.
- Joshua Aizenman, 2009. "Financial Crisis and the Paradox of Under- and Over-Regulation," NBER Working Papers 15018, National Bureau of Economic Research, Inc.
- Amadou N.R. Sy, 2009.
"The Systemic Regulation of Credit Rating Agencies and Rated Markets,"
World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 10(4), pages 69-108, October.
- Mr. Amadou N Sy, 2009. "The Systemic Regulation of Credit Rating Agencies and Rated Markets," IMF Working Papers 2009/129, International Monetary Fund.
- R. Christopher Whalen, 2009. "Rebuilding the U.S. Banking System: Back to Basics in Financial Markets and Institutions," NFI Policy Briefs 2009-PB-04, Indiana State University, Scott College of Business, Networks Financial Institute.
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.- Stijn Claessens & M. Ayhan Kose, 2013.
"Financial Crises: Explanations, Types and Implications,"
CAMA Working Papers
2013-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Claessens, Stijn & Kose, M. Ayhan, 2013. "Financial Crises: Explanations, Types, and Implications," CEPR Discussion Papers 9329, C.E.P.R. Discussion Papers.
- Mr. Stijn Claessens & Mr. Ayhan Kose, 2013. "Financial Crises Explanations, Types, and Implications," IMF Working Papers 2013/028, International Monetary Fund.
- Xavier Vives, 2014.
"Strategic Complementarity, Fragility, and Regulation,"
The Review of Financial Studies, Society for Financial Studies, vol. 27(12), pages 3547-3592.
- Vives, Xavier, 2011. "Strategic complementarity, fragility, and regulation," IESE Research Papers D/928, IESE Business School.
- Xavier Vives, 2012. "Strategic Complementarity, Fragility, and Regulation," 2012 Meeting Papers 789, Society for Economic Dynamics.
- Vives, Xavier, 2011. "Strategic Complementarity, Fragility, and Regulation," CEPR Discussion Papers 8444, C.E.P.R. Discussion Papers.
- Xavier Vives, 2011. "Strategic Complementarity, Fragility, and Regulation," CESifo Working Paper Series 3507, CESifo.
- Khandani, Amir E. & Lo, Andrew W. & Merton, Robert C., 2013.
"Systemic risk and the refinancing ratchet effect,"
Journal of Financial Economics, Elsevier, vol. 108(1), pages 29-45.
- Amir E. Khandani & Andrew W. Lo & Robert C. Merton, 2009. "Systemic Risk and the Refinancing Ratchet Effect," NBER Working Papers 15362, National Bureau of Economic Research, Inc.
- Amir E. Khandani & Andrew W. Lo & Robert C. Merton, 2009. "Systemic Risk and the Refinancing Ratchet Effect," Harvard Business School Working Papers 10-023, Harvard Business School, revised Jul 2010.
- Hu, Xiaolu & Huang, Haozhi & Pan, Zheyao & Shi, Jing, 2019. "Information asymmetry and credit rating: A quasi-natural experiment from China," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 132-152.
- Marko Malovic, 2009. "International Financial Crisis, G-20 And Global Policy Response," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 5(10), pages 119-127.
- Hiroshi Kawata & Yoshiyuki Kurachi & Koji Nakamura & Yuki Teranishi, 2013. "Impact of Macroprudential Policy Measures on Economic Dynamics: Simulation Using a Financial Macro-econometric Model," Bank of Japan Working Paper Series 13-E-3, Bank of Japan.
- Adalbert Winkler, 2012.
"The Financial Crisis: A Wake-up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?,"
Chapters, in: Masahiro Kawai & David G. Mayes & Peter Morgan (ed.), Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia, chapter 7,
Edward Elgar Publishing.
- Winkler, Adalbert, 2010. "The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," ADBI Working Papers 199, Asian Development Bank Institute.
- Adalbert Winkler, 2010. "The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Working Papers id:3021, eSocialSciences.
- Adalbert Winkler, 2010. "The Financial Crisis : A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Finance Working Papers 22022, East Asian Bureau of Economic Research.
- Mr. Thierry Tressel, 2010. "Financial Contagion Through Bank Deleveraging: Stylized Facts and Simulations Applied to the Financial Crisis," IMF Working Papers 2010/236, International Monetary Fund.
- Marco Pagano, 2014.
"Dealing with Financial Crises: How Much Help from Research?,"
CSEF Working Papers
361, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Pagano, Marco, 2014. "Dealing with financial crises: How much help from research?," CFS Working Paper Series 481, Center for Financial Studies (CFS).
- John Krainer & Elizabeth Laderman, 2011. "Prepayment and delinquency in the mortgage crisis period," Working Paper Series 2011-25, Federal Reserve Bank of San Francisco.
- Luc Laeven, 2011. "Banking Crises: A Review," Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 17-40, December.
- Benjamin Born & Michael Ehrmann & Marcel Fratzscher, 2011. "How Should Central Banks Deal with a Financial Stability Objective? The Evolving Role of Communication as a Policy Instrument," Chapters, in: Sylvester Eijffinger & Donato Masciandaro (ed.), Handbook of Central Banking, Financial Regulation and Supervision, chapter 9, Edward Elgar Publishing.
- repec:fip:fedhep:y:2013:i:qii:p:30-46:n:vol.37no.2 is not listed on IDEAS
- Maya Eden, 2017. "Misallocation and the Distribution of Global Volatility," American Economic Review, American Economic Association, vol. 107(2), pages 592-622, February.
- Schaeck, K. & Silva Buston, C.F. & Wagner, W.B., 2013.
"The Two Faces of Interbank Correlation,"
Discussion Paper
2013-077, Tilburg University, Center for Economic Research.
- Wagner, Wolf & Schaeck, Klaus & Silva Buston, Consuelo, 2017. "The two faces of interbank correlation," CEPR Discussion Papers 12363, C.E.P.R. Discussion Papers.
- S. Gabrieli & C.-P. Georg, 2014.
"A network view on interbank market freezes,"
Working papers
531, Banque de France.
- Co-Pierre Georg & Silvia Gabrieli, 2015. "A Network View on Interbank Market Freezes," Working Papers 488, Economic Research Southern Africa.
- Gabrieli, Silvia & Georg, Co-Pierre, 2014. "A network view on interbank market freezes," Discussion Papers 44/2014, Deutsche Bundesbank.
- Suarez, Javier & Sánchez Serrano, Antonio, 2018. "Approaching non-performing loans from a macroprudential angle," Report of the Advisory Scientific Committee 7, European Systemic Risk Board.
- Armstrong, Christopher & Nicoletti, Allison & Zhou, Frank S., 2022. "Executive stock options and systemic risk," Journal of Financial Economics, Elsevier, vol. 146(1), pages 256-276.
- Natacha Postel‐Vinay & Stéphanie Collet, 2024. "Hot money inflows and bank risk‐taking: Germany from the 1920s to the Great Depression," Economic History Review, Economic History Society, vol. 77(2), pages 472-502, May.
- Deniz Igan & Prachi Mishra & Thierry Tressel, 2012.
"A Fistful of Dollars: Lobbying and the Financial Crisis,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 26(1), pages 195-230.
- Deniz Igan & Prachi Mishra & Thierry Tressel, 2011. "A Fistful of Dollars: Lobbying and the Financial Crisis," NBER Chapters, in: NBER Macroeconomics Annual 2011, Volume 26, pages 195-230, National Bureau of Economic Research, Inc.
- Ms. Deniz O Igan & Mr. Thierry Tressel & Ms. Prachi Mishra, 2009. "A Fistful of Dollars: Lobbying and the Financial Crisis," IMF Working Papers 2009/287, International Monetary Fund.
- Deniz Igan & Prachi Mishra & Thierry Tressel, 2011. "A Fistful of Dollars: Lobbying and the Financial Crisis," NBER Working Papers 17076, National Bureau of Economic Research, Inc.
- Anatoli Segura & Alonso Villacorta, 2020.
"Demand for safety, risky loans: A model of securitization,"
Temi di discussione (Economic working papers)
1260, Bank of Italy, Economic Research and International Relations Area.
- Segura, Anatoli & Villacorta, Alonso, 2020. "Demand for safety, risky loans: A model of securitization," CEPR Discussion Papers 14313, C.E.P.R. Discussion Papers.
More about this item
Keywords
financial crisis; bailouts; regulatory policy;All these keywords.
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:taf:macfem:v:3:y:2010:i:2:p:167-188. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REME20 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.