Some economics of banking reform
Where do we stand, five years on from the start of the crisis, on progress towards banking reform? Major advances have been made, but a lot of unfinished business remains, notably on structural reform of banks. Following a stock-take of current reform initiatives, the paper reviews some economics of...
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Format: | Working paper |
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University of Oxford
2012
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author | Vickers, J |
author_facet | Vickers, J |
author_sort | Vickers, J |
collection | OXFORD |
description | Where do we stand, five years on from the start of the crisis, on progress towards banking reform? Major advances have been made, but a lot of unfinished business remains, notably on structural reform of banks. Following a stock-take of current reform initiatives, the paper reviews some economics of public policy towards banks, starting with the rationale for deposit guarantees and lender-of-last-resort support but concentrating on why governments feel compelled to provide solvency support in crisis. It then covers the economics of capital requirements |
first_indexed | 2024-03-07T02:36:15Z |
format | Working paper |
id | oxford-uuid:a8e4ec44-763b-440e-8efd-c005992ea3e7 |
institution | University of Oxford |
last_indexed | 2024-03-07T02:36:15Z |
publishDate | 2012 |
publisher | University of Oxford |
record_format | dspace |
spelling | oxford-uuid:a8e4ec44-763b-440e-8efd-c005992ea3e72022-03-27T03:04:42ZSome economics of banking reformWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:a8e4ec44-763b-440e-8efd-c005992ea3e7Bulk import via SwordSymplectic ElementsUniversity of Oxford2012Vickers, JWhere do we stand, five years on from the start of the crisis, on progress towards banking reform? Major advances have been made, but a lot of unfinished business remains, notably on structural reform of banks. Following a stock-take of current reform initiatives, the paper reviews some economics of public policy towards banks, starting with the rationale for deposit guarantees and lender-of-last-resort support but concentrating on why governments feel compelled to provide solvency support in crisis. It then covers the economics of capital requirements |
spellingShingle | Vickers, J Some economics of banking reform |
title | Some economics of banking reform |
title_full | Some economics of banking reform |
title_fullStr | Some economics of banking reform |
title_full_unstemmed | Some economics of banking reform |
title_short | Some economics of banking reform |
title_sort | some economics of banking reform |
work_keys_str_mv | AT vickersj someeconomicsofbankingreform |