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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Marquez, Robert
Beste egile batzuk: Dell'Ariccia, Giovanni
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2001.
Saila:IMF Working Papers; Working Paper ; No. 2001/073
Sarrera elektronikoa:Full text available on IMF