US Financial Deregulation: Repeal or Adjust?

نویسندگان
چکیده

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Deregulation and the Financial Crisis∗

The recent pronouncement by Sandy Weill, the former Chairman and CEO of Citigroup, that the separation between commercial banking and securities underwriting should be reinstituted has reignited the debate about the role of bank deregulation as a cause of the subprime crisis. In particular, Mr. Weill’s comments have been taken as evidence that the 1999 repeal of the Glass-Steagall Act, containe...

متن کامل

Productivity? of US Airlines After Deregulation

In measuring productivity in the presence of undesirable outputs, traditional growth accounting and index number approaches face the problem that prices of the undesirable outputs typically do not exist since such outputs are generally not marketed. In this paper we employ an alternative measure of total factor productivity based on a generalization of the Shephard distance functions, namely wh...

متن کامل

Electricity Restructuring: Deregulation or Reregulation?

46 Vo l u m e 2 3 , N o . 2 As other jurisdictions refashion their electricity markets, they seem to be incorporating little of the experience from the markets that are furthest along in the process. That is unfortunate, because there are important and quite general lessons that can be gleaned. Probably the two most salient lessons are that the short-run benefits are likely to be small or nonex...

متن کامل

Partisan Politics, Financial Deregulation, and the New Gilded Age

This paper examines how financial deregulation and the partisan underpinnings of deregulation shaped the path of income inequality in the United States. Using time series data from 1914 to 2010 we assess the effect of partisan politics on financial deregulation and, in turn, the effect of deregulation on income inequality. We find that financial deregulation has generally declined when Democrat...

متن کامل

Structural Deregulation and Market Entry: The Case of Financial Services

A major policy initiative over the past decade or so has been the deregulation of professional and financial services. In particular, reforms have been directed at structural deregulation, i.e. the removal of restrictions upon entry to or exit from specified markets and upon the permissible range of a firm’s activities. In some cases changes have been achieved via negotiation with self-regulato...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2017

ISSN: 1556-5068

DOI: 10.2139/ssrn.2911888