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DOES ASYMMETRIC INFORMATION JUSTIFY BANK CAPITAL ADEQUACY REGULATION?
minimum capital standards financial institutions banking system
2008/11/13
One of the more important developments in 20th-century central
banking is the rise of capital adequacy regulation—the imposition by
regulators of minimum capital standards on financial institutions....
Occupational Licensing and Asymmetric Information: Post-Hurricane Evidence from Florida
Occupational Licensing Asymmetric Information
2008/11/4
Federal, state, and county governments accept the argument that
occupational licensing protects consumers and improves their welfare.
This argument stands in stark contrast to the apparent rent seek...