Saturday, 28 May 2016

Notes on "Bailing out the Banks: Reconciling Stability and Competition An analysis of state-supported schemes for financial institutions"

Bailing out the Banks: Reconciling Stability and Competition An analysis of state-supported schemes for financial institutions
Thorsten Beck (Tilburg University and CEPR) 
Diane Coyle (Enlightenment Economics, University of Manchester and CEPR) 
Mathias Dewatripont (Universite Libre de Bruxelles, Solvay Brussels School, ECARES and CEPR) Xavier Freixas (Universitat Pompeu Fabra and CEPR) 
Paul Seabright (Toulouse School of Economics and CEPR)

Financial regulation:
Stabilize the financial system
Restart lending
One for all does not work
Stability should be measured by real terms instead of accounting terms

Competition policy:
Avoid distortions of competition
Conditions on bailouts should vary according to the banks' specific characteristics

(not finished)


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