Economia
- E Se "salvar" Os Bancos Não For Suficiente ?
(Re)lendo o relatório do FMI (Global Financial Stability Report) notei (pag. 24) que do 1,4 milhões de milhões de dólares de estimativas de perdas "apenas" 725-820 mil milhões (ou seja cerca de 55%) afectam os balanços dos bancos. Do restante, 150-250...
- Mankiw’s Favorite Proposal And The Futility Of Cute Ideas
In an op-ed for the New York Times, Harvard professor N. Gregory Mankiw wrote:“My favorite proposal is to require banks, and perhaps a broad class of financial institutions, to sell contingent debt that can be converted to equity when a regulator deems...
- Estabilidade Financeira E Política Monetária
Financial Stability and Monetary Policy: How Closely Interlinked? by Frank Smets European Central Bank Abstract The recent financial crisis has again raised the question to what extent price-stability-oriented monetary policy frameworks should take...
- Raízes Da Crise
Did Capitalism Fail? The Financial Crisis Five Years On Did the global economic collapse in 2008 stem from structural failures in the capitalist system? During his keynote address to the European Financial Congress, Institute Advisory Board member Roman...
- Uma Autópsia Do Sistema Financeiro Americano
O abstract do recente artigo de Ross Levine é o seguinte: "In this postmortem, I find that the design, implementation, and maintenance of financial policies during the period from 1996 through 2006 were primary causes of the financial system’s demise....
Economia
Como mais regulamentações provocam mais risco
The Dodd-Frank Act versus the Rule of Law
October 9, 2012
In response to the 2008 financial collapse, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Dodd-Frank increased regulation of banks, stockbrokers, insurers and other financial institutions that are "too big -- or interconnected -- to fail" and that could require a government bailout to prevent a banking system collapse, says Roger Koppl, a professor of economics and finance in the Silberman College of Business and director of the Institute for Forensic Science Administration at Fairleigh Dickinson University, and a senior fellow with the National Center for Policy Analysis.
The Act created a board -- the Financial Stability Oversight Council -- composed mostly of the heads of various federal financial regulatory agencies, including some newly created agencies. The Council has the responsibility to identify institutions whose failure might create systemic distress -- and the discretion to impose "prudential" regulations on them different from the regulations imposed on other financial institutions.
Mais
The Act created a board -- the Financial Stability Oversight Council -- composed mostly of the heads of various federal financial regulatory agencies, including some newly created agencies. The Council has the responsibility to identify institutions whose failure might create systemic distress -- and the discretion to impose "prudential" regulations on them different from the regulations imposed on other financial institutions.
Mais
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- E Se "salvar" Os Bancos Não For Suficiente ?
(Re)lendo o relatório do FMI (Global Financial Stability Report) notei (pag. 24) que do 1,4 milhões de milhões de dólares de estimativas de perdas "apenas" 725-820 mil milhões (ou seja cerca de 55%) afectam os balanços dos bancos. Do restante, 150-250...
- Mankiw’s Favorite Proposal And The Futility Of Cute Ideas
In an op-ed for the New York Times, Harvard professor N. Gregory Mankiw wrote:“My favorite proposal is to require banks, and perhaps a broad class of financial institutions, to sell contingent debt that can be converted to equity when a regulator deems...
- Estabilidade Financeira E Política Monetária
Financial Stability and Monetary Policy: How Closely Interlinked? by Frank Smets European Central Bank Abstract The recent financial crisis has again raised the question to what extent price-stability-oriented monetary policy frameworks should take...
- Raízes Da Crise
Did Capitalism Fail? The Financial Crisis Five Years On Did the global economic collapse in 2008 stem from structural failures in the capitalist system? During his keynote address to the European Financial Congress, Institute Advisory Board member Roman...
- Uma Autópsia Do Sistema Financeiro Americano
O abstract do recente artigo de Ross Levine é o seguinte: "In this postmortem, I find that the design, implementation, and maintenance of financial policies during the period from 1996 through 2006 were primary causes of the financial system’s demise....