Competition among regulators
This paper shows that competition among regulators reduces regulatory standards relative to a centralized solution. It suggests that a central regulator is more likely to emerge for homogeneous and finacially integrated countries.
Found in: |
Cs. Económicas |
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Main Author: | Dell'Ariccia, Giovanni |
Other Authors: | Marquez, Robert |
Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2001
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Series: |
IMF working paper ;
no. WP/01/73 |
Subjects: | |
Online Access: |
http://www.imf.org/external/pubs/ft/wp/2001/wp0173.pdf |