منابع مشابه
Creating ( and Teaching ) the Bail - To - Jail Course
Yale Kamisar has explained how events that occurred about fifty years ago led to the creation of a stand-alone criminal procedure course and, a few years later, led to the division of that stand-alone course into two courses. The second of those courses came to be called, almost from the outset, the Jail-to-Bail course. My focus today is on why that course was created and how it was shaped. M...
متن کاملTo bail-out or to bail-in? Answers from an agent-based model
Peter Klimek, Sebastian Poledna, J. Doyne Farmer, Stefan Thurner1,3,4,∗ Section for Science of Complex Systems; Medical University of Vienna; Spitalgasse 23; A-1090; Austria Institute for New Economic Thinking at the Oxford School and Mathematical Institute, Eagle House, Walton Well Rd., University of Oxford OX2 3ED; UK Santa Fe Institute; 1399 Hyde Park Road; Santa Fe; NM 87501; USA IIASA, Sch...
متن کاملEquity versus Bail-in Debt in Banking: An Agency Perspective∗
We examine the optimal size and composition of banks’ total loss absorbing capacity (TLAC). Optimal size is driven by the trade-off between providing liquidity services through deposits and minimizing deadweight default costs. Optimal composition (equity vs. bail-in debt) is driven by the relative importance of two incentive problems: risk shifting (mitigated by equity) and private benefit taki...
متن کاملBail Supervision and Young People: Pathway or Freeway
Over the past decade bail legislation reform has curtailed the presumption in favour of bail and enabled its therapeutic use. Arguably such changes transform the traditional role of bail as a means of ensuring a defendant’s return to court and balancing the presumption of innocence. These changes are likely to present challenges to those managing conditional bail and those subjected to it, part...
متن کاملWall Street or Main Street: Who to Bail Out?
Housing crises are characterized by a sharp increase in foreclosure rates that generates losses to mortgage investors. To preserve the solvency of these investors, governments have historically implemented two policies: a) offer them bailouts (Wall Street), and b) subsidize the mortgage refinancing of households to prevent additional foreclosures (Main Street). The implementation of these instr...
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ژورنال
عنوان ژورنال: Science
سال: 2017
ISSN: 0036-8075,1095-9203
DOI: 10.1126/science.358.6364.759-c