Helping Hand or Grabbing Hand? : Supervisory Architecture, Financial Structure and Market View /

The literature stresses the importance of financial market characteristics in determining the supervisory architectures. In the real world it is not always clear to what extent market features are taken into account. We present two complementary approaches to gain insights in the above relationship....

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Quintyn, Marc
Weitere Verfasser: Masciandaro, Donato
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/047
Online Zugang:Full text available on IMF
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100 1 |a Quintyn, Marc. 
245 1 0 |a Helping Hand or Grabbing Hand? :   |b Supervisory Architecture, Financial Structure and Market View /  |c Marc Quintyn, Donato Masciandaro. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (46 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The literature stresses the importance of financial market characteristics in determining the supervisory architectures. In the real world it is not always clear to what extent market features are taken into account. We present two complementary approaches to gain insights in the above relationship. First, an empirical test of two theories-the helping and the grabbing hand view of government-seems more consistent with the latter, presuming the market demonstrates a preference for consolidation of supervisory powers. Second, a survey among financial CEOs in Italy confirms a preference for a consolidated supervisory regime and reveals only weak consistency between the views of the policymakers and the market operators. 
538 |a Mode of access: Internet 
700 1 |a Masciandaro, Donato. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/047 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2008/047/001.2008.issue-047-en.xml  |z IMF e-Library