Public good, collective action and financial regulation
Author
Abstract
Suggested Citation
DOI: 10.1111/apce.12308
Download full text from publisher
To our knowledge, this item is not available for download. To find whether it is available, there are three options:1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Other versions of this item:
- Faruk Ülgen, 2021. "Public good, collective action and financial regulation," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(1), pages 147-167, March.
References listed on IDEAS
- Cecchetti, Stephen & Kharroubi, Enisse, 2015.
"Why does financial sector growth crowd out real economic growth?,"
CEPR Discussion Papers
10642, C.E.P.R. Discussion Papers.
- Stephen G Cecchetti & Enisse Kharroubi, 2015. "Why does financial sector growth crowd out real economic growth?," BIS Working Papers 490, Bank for International Settlements.
- Thomas Philippon & Ariell Reshef, 2013. "An International Look at the Growth of Modern Finance," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 73-96, Spring.
- Ronald Dore, 2008. "Financialization of the global economy," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 17(6), pages 1097-1112, December.
- Bekaert, Geert & Harvey, Campbell R. & Lundblad, Christian, 2005.
"Does financial liberalization spur growth?,"
Journal of Financial Economics, Elsevier, vol. 77(1), pages 3-55, July.
- Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2001. "Does Financial Liberalization Spur Growth?," NBER Working Papers 8245, National Bureau of Economic Research, Inc.
- Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2004. "Does Financial Liberalization Spur Growth?," Working Paper Research 53, National Bank of Belgium.
- Jean Arcand & Enrico Berkes & Ugo Panizza, 2015.
"Too much finance?,"
Journal of Economic Growth, Springer, vol. 20(2), pages 105-148, June.
- Mr. Enrico G Berkes & Ugo Panizza & Mr. Jean-Louis Arcand, 2012. "Too Much Finance?," IMF Working Papers 2012/161, International Monetary Fund.
- Codruta Boar & Leonardo Gambacorta & Giovanni Lombardo & Luiz Awazu Pereira da Silva, 2017. "What are the effects of macroprudential policies on macroeconomic performance?," BIS Quarterly Review, Bank for International Settlements, September.
- Selmier, W. Travis & Winecoff, W. Kindred, 2017. "Re-conceptualizing the political economy of finance in the post-crisis era," Business and Politics, Cambridge University Press, vol. 19(2), pages 167-190, June.
- Hanying Qi, 2019. "A New Literature Review on Financialization," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 7(2), pages 40-50.
- Veblen, Thorstein, 1921. "The Engineers and the Price System," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1921.
- Peter Boettke, 2010. "Is the only form of ‘reasonable regulation’ self regulation?: Lessons from Lin Ostrom on regulating the commons and cultivating citizens," Public Choice, Springer, vol. 143(3), pages 283-291, June.
- Faruk ÜLGEN, 2018.
"Financial stability as a global public good and relevant systemic regulation as a problem of collective action,"
CIRIEC Studies Series, in: Philippe BANCE & CIRIEC (ed.), Providing public goods and commons. Towards coproduction and new forms of governance for a revival of public action, volume 1, chapter 5, pages 95-112,
CIRIEC - Université de Liège.
- Faruk Ülgen, 2018. "Financial stability as a global public good and relevant systemic regulation as a problem of collective action," Post-Print halshs-02090722, HAL.
- Cerutti, Eugenio & Claessens, Stijn & Laeven, Luc, 2017.
"The use and effectiveness of macroprudential policies: New evidence,"
Journal of Financial Stability, Elsevier, vol. 28(C), pages 203-224.
- Mr. Eugenio M Cerutti & Mr. Stijn Claessens & Mr. Luc Laeven, 2015. "The Use and Effectiveness of Macroprudential Policies: New Evidence," IMF Working Papers 2015/061, International Monetary Fund.
- Jacek Osinski & Katharine Seal & Lex Hoogduin, 2013. "Macroprudential and Microprudential Policies; Toward Cohabitation," IMF Staff Discussion Notes 13/5, International Monetary Fund.
- Williamson, Oliver E, 1998. "The Institutions of Governance," American Economic Review, American Economic Association, vol. 88(2), pages 75-79, May.
- Robin Greenwood & David Scharfstein, 2013. "The Growth of Finance," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 3-28, Spring.
- Selmier, W. Travis, 2017. "An institutional perspective on governance, power, and politics of financial risk," Business and Politics, Cambridge University Press, vol. 19(2), pages 215-240, June.
- Samuel G. Hanson & Anil K. Kashyap & Jeremy C. Stein, 2011. "A Macroprudential Approach to Financial Regulation," Journal of Economic Perspectives, American Economic Association, vol. 25(1), pages 3-28, Winter.
- Fernando Broner & Jaume Ventura, 2016.
"Rethinking the Effects of Financial Globalization,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 131(3), pages 1497-1542.
- Fernando Broner & Jaume Ventura, 2010. "Rethinking the effects of financial globalization," Economics Working Papers 1128, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2015.
- Boris Cournède & Oliver Denk & Peter Hoeller, 2015. "Finance and Inclusive Growth," OECD Economic Policy Papers 14, OECD Publishing.
- Chwieroth, Jeffrey & Walter, Andrew, 2020. "Great expectations, financialization and bank bailouts in democracies," LSE Research Online Documents on Economics 102749, London School of Economics and Political Science, LSE Library.
- Servaas Storm, 2018. "Financialization and Economic Development: A Debate on the Social Efficiency of Modern Finance," Development and Change, International Institute of Social Studies, vol. 49(2), pages 302-329, March.
- Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1776.
- Michael McGinnis & James Walker, 2010. "Foundations of the Ostrom workshop: institutional analysis, polycentricity, and self-governance of the commons," Public Choice, Springer, vol. 143(3), pages 293-301, June.
- Ewa Karwowski & Mimoza Shabani & Engelbert Stockhammer, 2016.
"Financialisation: Dimensions and determinants. A cross-country study,"
Working Papers
PKWP1619, Post Keynesian Economics Society (PKES).
- Karwowski, Ewa & Shabani, Mimoza & Stockhammer, Engelbert, 2017. "Financialization: Dimensions and determinants. A cross-country study," Economics Discussion Papers 2017-1, School of Economics, Kingston University London.
- Jacek Osinski & Katharine Seal & Mr. Lex Hoogduin, 2013. "Macroprudential and Microprudential Policies: Toward Cohabitation," IMF Staff Discussion Notes 2013/005, International Monetary Fund.
- L. Randall Wray, 2004. "The Fed and the New Monetary Consensus: The Case for Rate Hikes, Part Two," Economics Public Policy Brief Archive ppb_80, Levy Economics Institute.
- Ostrom, Vincent, 1993. "Epistemic Choice and Public Choice," Public Choice, Springer, vol. 77(1), pages 163-176, September.
- Philip Arestis, 2009.
"The New Consensus in Macroeconomics: A Critical Appraisal,"
Palgrave Macmillan Books, in: Giuseppe Fontana & Mark Setterfield (ed.), Macroeconomic Theory and Macroeconomic Pedagogy, chapter 5, pages 100-117,
Palgrave Macmillan.
- Philip Arestis, 2009. "New Consensus Macroeconomics: A Critical Appraisal," Economics Working Paper Archive wp_564, Levy Economics Institute.
- Aligica, Paul Dragos & Tarko, Vlad, 2013. "Co-Production, Polycentricity, and Value Heterogeneity: The Ostroms’ Public Choice Institutionalism Revisited," American Political Science Review, Cambridge University Press, vol. 107(4), pages 726-741, November.
- Raghuram G. Rajan, 2006. "Has Finance Made the World Riskier?," European Financial Management, European Financial Management Association, vol. 12(4), pages 499-533, September.
- Estrada, Gemma Esther & Park, Donghyun & Ramayandi, Arief, 2015. "Financial Development, Financial Openness, and Economic Growth," ADB Economics Working Paper Series 442, Asian Development Bank.
- Mr. Marc G Quintyn & Ms. Genevieve Verdier, 2010. "Mother, Can I Trust the Government? Sustained Financial Deepening: A Political Institutionsview," IMF Working Papers 2010/210, International Monetary Fund.
- Dirk Schoenmaker, 2013. "An Integrated Financial Framework for the Banking Union: Don’t Forget Macro-Prudential Supervision," European Economy - Economic Papers 2008 - 2015 495, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Shubham Chavriya & Gagan Deep Sharma & Mandeep Mahendru, 2024. "Financial inclusion as a tool for sustainable macroeconomic growth: An integrative analysis," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 95(2), pages 527-551, June.
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.- Loayza,Norman V. & Ouazad,Amine & Ranciere,Romain, 2017.
"Financial development, growth, and crisis: is there a trade-off ?,"
Policy Research Working Paper Series
8237, The World Bank.
- Norman Loayza & Amine Ouazad & Romain Ranciere, 2017. "Financial Development, Growth, and Crisis: Is There a Trade-Off?," Working Papers 114, Peruvian Economic Association.
- Norman Loayza & Amine Ouazad & Romain Rancière, 2018. "Financial Development, Growth, and Crisis: Is There a Trade-Off?," NBER Working Papers 24474, National Bureau of Economic Research, Inc.
- Shromona Ganguly, 2021. "Financialization of the Real Economy: New Empirical Evidence from the Non-financial Firms in India Using Conditional Logistic Model," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 19(3), pages 493-523, September.
- Martin Hodula & Ngoc Anh Ngo, 2022.
"Finance, growth and (macro)prudential policy: European evidence,"
Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(2), pages 537-571, May.
- Martin Hodula & Ngoc Anh Ngo, 2020. "Finance, Growth and (Macro)Prudential Policy: European Evidence," Working Papers 2020/2, Czech National Bank.
- Gabriele Galati & Richhild Moessner, 2018. "What Do We Know About the Effects of Macroprudential Policy?," Economica, London School of Economics and Political Science, vol. 85(340), pages 735-770, October.
- Richard E. Itaman, 2022. "The finance‐growth nexus enigma: Bringing in institutional context and the productiveness debate," Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 504-527, April.
- Agne Setikiene & Mindaugas Butkus, 2021. "The Heterogeneous Impact of Financialisation on Economic Growth in the Long Run," JRFM, MDPI, vol. 14(5), pages 1-30, May.
- Francesco Lamperti & Antoine Mandel & Mauro Napoletano & Alessandro Sapio & Andrea Roventini & Tomas Balint & Igor Khorenzhenko, 2017.
"Taming macroeconomic instability,"
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
hal-03399574, HAL.
- Francesco Lamperti & Antoine Mandel & Mauro Napoletano & Alessandro Sapio & Andrea Roventini & Tomas Balint & Igor Khorenzhenko, 2017. "Taming macroeconomic instability," PSE-Ecole d'économie de Paris (Postprint) hal-03399574, HAL.
- Francesco Lamperti & Antoine Mandel & Mauro Napoletano & Alessandro Sapio & Andrea Roventini & Tomas Balint & Igor Khorenzhenko, 2017. "Taming macroeconomic instability," SciencePo Working papers Main hal-03399574, HAL.
- Francesco Lamperti & Antoine Mandel & Mauro Napoletano & Alessandro Sapio & Andrea Roventini & Tomas Balint & Igor Khorenzhenko, 2017. "Taming macroeconomic instability," Post-Print hal-03399574, HAL.
- Rainer Masera, 2014. "CRR/CRD IV: the trees and the forest," PSL Quarterly Review, Economia civile, vol. 67(271), pages 381-422.
- Dyna Heng & Anna Ivanova & Rodrigo Mariscal & Ms. Uma Ramakrishnan & Joyce Wong, 2016. "Advancing Financial Development in Latin America and the Caribbean," IMF Working Papers 2016/081, International Monetary Fund.
- Marin, Giovanni & Vona, Francesco, 2023.
"Finance and the reallocation of scientific, engineering and mathematical talent,"
Research Policy, Elsevier, vol. 52(5).
- Giovanni Marin & Francesco Vona, 2017. "Finance and the Misallocation of Scientific, Engineering and Mathematical Talent," Working Papers hal-03455397, HAL.
- Marin, Giovanni & Vona, Francesco, 2022. "Finance and the Reallocation of Scientific, Engineering and Mathematical Talent," FEEM Working Papers 322733, Fondazione Eni Enrico Mattei (FEEM).
- Giovanni Marin & Francesco Vona, 2017. "Finance and the Misallocation of Scientific, Engineering and Mathematical Talent," Documents de Travail de l'OFCE 2017-27, Observatoire Francais des Conjonctures Economiques (OFCE).
- Francesco Vona & Francesco Bontadini, 2022. "Anatomy of Green Specialisation: Evidence from EU Production Data, 1995-2015," Working Papers 2022.14, Fondazione Eni Enrico Mattei.
- Giovanni Marin & Francesco Vona, 2022. "Finance and the Reallocation of Scientific, Engineering and Mathematical Talent," Working Papers 2022.17, Fondazione Eni Enrico Mattei.
- Klapkiv Lyubov & Ulgen Faruk, 2022.
"An Evolutionary Perspective on the Endogenous Instability of Capitalist Dynamics,"
Central European Economic Journal, Sciendo, vol. 9(56), pages 291-308, January.
- Lyubov Klapkiv & Faruk Ülgen, 2021. "An evolutionary perspective on the endogenous instability of capitalist dynamics," Post-Print halshs-03516950, HAL.
- Studer, Sabrina & Falkinger, Josef & Zhao, Yingnan, 2015.
"Explaining structural changes towards and within the financial sector,"
VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy
113004, Verein für Socialpolitik / German Economic Association.
- Josef Falkinger & Sabrina Studer & Yingnan Zhao, 2015. "Explaining structural change towards and within the financial sector," ECON - Working Papers 206, Department of Economics - University of Zurich.
- Gunther Capelle-Blancard & Claire Labonne, 2016.
"More Bankers, More Growth? Evidence from OECD Countries,"
Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 45(1), pages 37-51, February.
- Gunther Capelle-Blancard & Claire Labonne, 2011. "More Bankers, More Growth? Evidence from OECD Countries," Working Papers 2011-22, CEPII research center.
- Gunther Capelle-Blancard & Claire Labonne, 2016. "More Bankers, More Growth? Evidence from OECD Countries," Post-Print hal-01297090, HAL.
- Gunther Capelle-Blancard & Claire Labonne, 2016. "More Bankers, More Growth? Evidence from OECD Countries," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01297090, HAL.
- Tomasz Potocki, 2022. "Locating Financial Capability Within Capability Approach – Theoretical Survey," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 1, pages 96-106.
- Neanidis, Kyriakos C., 2019. "Volatile capital flows and economic growth: The role of banking supervision," Journal of Financial Stability, Elsevier, vol. 40(C), pages 77-93.
- Giorgio Fagiolo & Daniele Giachini & Andrea Roventini, 2020.
"Innovation, finance, and economic growth: an agent-based approach,"
Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 15(3), pages 703-736, July.
- Giorgio Fagiolo & Daniele Giachini & Andrea Roventini, 2017. "Innovation, Finance, and Economic Growth: An Agent-Based Approach," LEM Papers Series 2017/30, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Giorgio Ffagiolo & Daniele Giachini & Andrea Roventini, 2017. "Innovation, Finance, and Economic Growth : an agent based approach," Documents de Travail de l'OFCE 2017-28, Observatoire Francais des Conjonctures Economiques (OFCE).
- Apergis, Nicholas, 2024. "The role of loan loss provisions in income inequality: Evidence from a sample of banking institutions," Journal of Financial Stability, Elsevier, vol. 73(C).
- Bertay, Ata Can & Gong, Di & Wagner, Wolf, 2017.
"Securitization and economic activity: The credit composition channel,"
Journal of Financial Stability, Elsevier, vol. 28(C), pages 225-239.
- Wagner, Wolf & Bertay, Ata & Gong, Di, 2015. "Securitization and Economic Activity: The Credit Composition Channel," CEPR Discussion Papers 10664, C.E.P.R. Discussion Papers.
- Emmanuel Carré & Guillaume L’œillet, 2018.
"The Literature on the Finance–Growth Nexus in the Aftermath of the Financial Crisis: A Review,"
Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 60(1), pages 161-180, March.
- Emmanuel Carré & Guillaume L’œillet, 2018. "The Literature on the Finance–Growth Nexus in the Aftermath of the Financial Crisis: A Review," Post-Print hal-03865193, HAL.
- Emmanuel Carré & Guillaume L'Oeillet, 2018. "The Literature on the Finance–Growth Nexus in the Aftermath of the Financial Crisis: A Review," Post-Print halshs-01746069, HAL.
- Kristin J. Forbes, 2021.
"The International Aspects of Macroprudential Policy,"
Annual Review of Economics, Annual Reviews, vol. 13(1), pages 203-228, August.
- Kristin J. Forbes, 2020. "The International Aspects of Macroprudential Policy," NBER Working Papers 27698, National Bureau of Economic Research, Inc.
- Forbes, Kristin, 2020. "The International Aspects of Macroprudential Policy," CEPR Discussion Papers 15198, C.E.P.R. Discussion Papers.
More about this item
Keywords
collective action; financialization; macroprudential regulation; public goods; systemic stability;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:hal:journl:halshs-03162567. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.