European Financial Integration: A Framework for Policy Analysis.
In this paper, we investigate the design and implementation of financial regulation where market failures are created by asymmetric information between investors and firms. We argue that reputation, while providing some correction for imperfect information, should be supplemented by financial regula...
| Auteurs principaux: | , |
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| Format: | Working paper |
| Langue: | English |
| Publié: |
CEPR
1990
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