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A Behavioral Model of Demandable Deposits and Its Implications for Financial Regulation
Banks and Banking Insurance Governing Rules Regulations and Reforms Policy
2015/4/23
A model is developed that rationalizes contracts that give depositors the right to obtain funds on demand even when depositors intend to use these funds for consumption in the future. This is explaine...
Financial Regulation, Monetary Policy, and Inflation in the Industrialized World
institutional mandates central banks important influence the advanced industrialized countries
2011/10/3
This article argues that the institutional mandates of central banks have an important influence on inflation outcomes in the advanced industrialized countries. Central banks that are also responsible...
Roundtable on the future of global financial regulation
the future global financial regulation
2014/8/5
The ongoing global financial turmoil has led policy makers – nationally and internationally – to revisit approaches to regulation. Most specific reform proposals to date have been developed in intern...