Competition Among Regulators /

This paper shows that competition among regulators reduces regulatory standards relative to a centralized solution. It suggests that a central regulator is more likely to emerge for homogeneous and financially integrated countries. The paper proves these results in a model where regulators concerned...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Marquez, Robert
مؤلفون آخرون: Dell'Ariccia, Giovanni
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2001.
سلاسل:IMF Working Papers; Working Paper ; No. 2001/073
الوصول للمادة أونلاين:Full text available on IMF