by Summary:
Finanz und Wirtschaft, December 13, 2017. PDF. Ökonomenstimme, December 15, 2017. HTML. Regulation is about aligning private and social trade-offs. When banks cause negative externalities, good regulatory interventions increase banks’ costs. Externalities may differ across countries, so nothing suggests that regulation induced costs should be the same internationally.
Topics:
Dirk Niepelt considers the following as important: Bank regulation, Competition, Contributions, Externality, Pigouvian tax, Regulation
This could be interesting, too:
Finanz und Wirtschaft, December 13, 2017. PDF. Ökonomenstimme, December 15, 2017. HTML. Regulation is about aligning private and social trade-offs. When banks cause negative externalities, good regulatory interventions increase banks’ costs. Externalities may differ across countries, so nothing suggests that regulation induced costs should be the same internationally.
Topics:
Dirk Niepelt considers the following as important: Bank regulation, Competition, Contributions, Externality, Pigouvian tax, Regulation
This could be interesting, too:
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Finanz und Wirtschaft, December 13, 2017. PDF. Ökonomenstimme, December 15, 2017. HTML.
- Regulation is about aligning private and social trade-offs.
- When banks cause negative externalities, good regulatory interventions increase banks’ costs.
- Externalities may differ across countries, so nothing suggests that regulation induced costs should be the same internationally.