The Redistributive Effects of Financial Deregulation /

Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the distributive implications of financial regulation center stage. We develop a model in which the financial sector benefits from risk-taking by earning greater expected returns. However, riskta...

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Autor principal: Korinek, Anton
Altres autors: Kreamer, Jonathan
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2013.
Col·lecció:IMF Working Papers; Working Paper ; No. 2013/247
Accés en línia:Full text available on IMF