Corporate Influence and Political Corruption Lessons from Stock Market Reactions to Political Events Movements in stock prices provide important clues…
The Icelandic and Irish Banking Crises Alternative Paths to a Credit-Induced Collapse Central banks set the stage for financial collapse…
Fractional Reserves and Demand Deposits Historical Evidence from an Unregulated Banking System Would banks operating under laissez faire adopt a…
We Are Not Macroprudentialists A Skeptical View of Prudential Regulation to Deal with Systemic Externalities The 2008 financial crisis is…
The Legislation of Nationwide Assured Banks in Argentina, 1887–1890 Free-Banking Failure or Regulatory Failure? Many analysts have characterised Argentinas 4…
Alternatives to the Federal Deposit Insurance Corporation Federal deposit insurance creates moral hazard that encourages risky banking practices and sets…
Dodd–Frank Accretion of Power, Illusion of Reform The Dodd-Frank Act, ostensibly passed to address causes of the financial crisis of…
An Episodic Historical past of Fashionable Fed Independence Regardless of many steps taken to make sure its independence, the Federal…
A Proposal of Monetary Reform for Argentina Flexible Dollarization and Free Banking Argentina’s inflation problem has been so chronic and…
The Imprudence of Macroprudential Coverage The monetary disaster of 2008 has prompted some economists to name for presidency regulators to…