Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/44665
Authors: 
Toporowski, Jan
Year of Publication: 
2009
Series/Report no.: 
DIIS working paper 2009:8
Abstract: 
The present discussions about the future of bank regulation, coming after a long period of bank deregulation, have a natural tendency to exaggerate the effectiveness of regulation. But those discussions are poorly rooted in the macroeconomic foundations of bank intermediation, including its function of risk-bearing. The debate on financial regulation, abstracted from actual in-termediation, would be more effective as part of a more general discussion of financial reconstruction.
ISBN: 
978-87-7605-323-9
Document Type: 
Working Paper

Files in This Item:
File
Size
429.68 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.