Article ID Journal Published Year Pages File Type
5055503 Economic Modelling 2012 16 Pages PDF
Abstract
► Trade-off between banking stability and economic growth. ► Optimal regulation prevents crises but is detrimental to growth. ► Regulation is welfare improving if shocks are high and agents very risk-averse. ► Trade-off between regulating upfront and facing a huge bailout after the crisis.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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