Bank competition policy has been a focus of much research and policy debate. The reason for this is the special nature of banks. In the non-financial sector, competition policy mainly focuses on efficiency (competitive pricing). Yet for banks there is another relevant dimension: systemic risk.
New challenges for bank competition policy
Lev Ratnovski, 2 June 2013
Implementation of Basel III in the US will bring back the regulatory arbitrage problems under Basel I
Takeo Hoshi, 23 December 2012
This column is a lead commentary in the VoxEU Debate "Banking reform: Do we know what has to be done?"
Systemic liquidity risk: A European approach
Enrico Perotti, 25 October 2011
The repeated bursts of financial distress in Europe in 2010-11 reflect vulnerabilities built up in the previous decade and are germane to the roots of the credit crisis.
The Empire strikes back
Avinash Persaud, 14 September 2010
There are two remarkable aspects of the consensus around international financial regulation emerging in the run up to the November G20 meeting in Seoul. The first is that there is a consensus.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Adelman, 28 October 2013
Reichlin, Giugliano, 7 November 2013