Structural biases in prudential regulation of banks
According to Mario Tonveronachi, the Basle rules produce distortions that are no less serious than those attributed to the former structural regulation. Excessive competition is no less harmful than low competition, the level playing field approach helps the large dimension and “too big to fail” res...
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2001-12-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9950/9831 |
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