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A theory of systemic risk and design of prudential bank regulation

✍ Scribed by Viral V. Acharya

Book ID
116647870
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
561 KB
Volume
5
Category
Article
ISSN
1572-3089

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This paper focuses on a specific aspect of prudential regulation: namely the impact on the stability of the financial system of a deterioration in public finances. This is a separate issue to the need for consumer protection that should be provided by rules for the conduct of business by financial i