Macro-Prudential Financial Regulation: Panacea or Placebo?
This article examines the potential efficacy of macro-prudential financial regulation as a mechanism for preventing future systemic crises. I argue that the potential efficacy of macro-prudential financial regulation will be undermined by (1) the complexity of financial markets and our incomplete...
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| Format: | article |
| Language: | EN |
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Amsterdam Law Forum
2009
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| Online Access: | https://doaj.org/article/31bac4444e184a1c9c68a12ef3e8401b |
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