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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Main Author: Vickers, J
Format: Working paper
Published: University of Oxford 2012
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author Vickers, J
author_facet Vickers, J
author_sort Vickers, J
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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
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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