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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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2013.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2013/247 |
| 在線閱讀: | Full text available on IMF |