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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Marquez, Robert
Awduron Eraill: Dell'Ariccia, Giovanni
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2001.
Cyfres:IMF Working Papers; Working Paper ; No. 2001/073
Mynediad Ar-lein:Full text available on IMF