To access the full text documents, please follow this link:

An overall perspective on banking regulation;
Regulation of Financial Intermediaries, A Discussion
Freixas, Xavier
Universitat Pompeu Fabra. Departament d'Economia i Empresa
We survey the theory of banking regulation from the general perspectiveof regulatory theory. Starting by considering the different justificationsof financial intermediation, we proceed to identify the market failuresthat make banking regulation necessary. We then succinctly compare how theanalysis of regulation compares in the domains of banking and industrialorganization. Finally we analyse why a safety net for banks could be partof banking regulation and how it can be structured in an efficient way.
Finance and Accounting
banking regulation
financial stability
banking supervision
L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
Working Paper

Show full item record

Related documents

Other documents of the same author

Bolton, Patrick; Freixas, Xavier; Gambacorta, Leonardo; Mistrulli, Paolo Emilio
Bolton, Patrick; Freixas, Xavier; Shapiro, Joel
Freixas, Xavier; Rochet, Jean-Charles