Comment on International Coordination of Regulation
The papers in this volume by Michael Laub and Edward Kane discuss the merits of international coordination of bank regulation. They focus on the recent international agreement on risk-based capital and on the proposed financial integration of the European Community in 1992.
KeywordsCapital Structure Deposit Insurance Bank Regulation Foreign Affiliate Regulatory Competition
Unable to display preview. Download preview PDF.
- Gorton, Gary. 1988. “Banking Panics and Business Cycles.” Oxford Economic Papers 40, pp. 751–81.Google Scholar
- Kaufman, George G. 1985. “Implications of Large Bank Problems and Insolvencies for the Banking System and Economic Policy.” Working Paper SM-85–3. Federal Reserve Bank of Chicago.Google Scholar
- Keeley, Michael C. 1990. “Deposit Insurance, Risk and Market Power in Banking.” American Economic Review 80, no. 5 (December): 1183–1200.Google Scholar
- Modigliani, Franco, and Miller, Merton. 1958. “The Cost of Capital, Corporation Finance and the Theory of Investment.” American Economic Review 48, no. 3 (June): 261–97.Google Scholar