Financial stability policy in the Euro zone : the political economy of national banking regulation in an integrating monetary union

Resource Information

The work Financial stability policy in the Euro zone : the political economy of national banking regulation in an integrating monetary union represents a distinct intellectual or artistic creation found in European University Institute. This resource is a combination of several types including: Work, Language Material, Books.

Label

Financial stability policy in the Euro zone : the political economy of national banking regulation in an integrating monetary union

Title remainder

the political economy of national banking regulation in an integrating monetary union

Statement of responsibility

Gundbert Scherf ; foreword by Henrik Enderlein

Creator

• Scherf, Gundbert

Subject

• Banking law -- European Union countries
• Banks and banking -- Government policy -- European Union countries
• Economic stabilization -- Government policy -- European Union countries

Language

eng

Summary

Banking regulation is an economically powerful and politically very salient instrument of economic policy. After all, the financial crisis had derived from an over-leveraged banking system obviating the importance of banking regulation for the functioning of regulatory capitalism. Gundbert Scherf's research focuses on this nexus between integrated banking, supranational monetary policy and national banking regulation. He finds that national level differences in financial systems and related institutions explain and drive variation in regulatory financial stability policy across countries. Applying game-theoretical rigor to political economy interactions, Gundbert Scherf develops a model of time-inconsistent supervisory policy as well as international competition in regulatory standards. He shows how these patterns lead to financial instability, by analyzing the original members of the Euro Zone as well as the US and the UK in the years leading up to the financial crisis of 2007/8 --

Assigning source

Provided by Publisher

Cataloging source

WCL

Dissertation note

Diss.-- Freie Universität Berlin, 2012.

Illustrations

illustrations

Index

no index present

Literary form

non fiction

Nature of contents

• theses
• bibliography