Financial regulation

    Papers & Opinions

    Banking | Special interest politics | Theory

    Bank Influence at a Discount

    Paper

    Posted on 8 November 2021

    By Stylianos Papageorgiou

    In a general equilibrium framework, we study the cost incurred by banks to ''buy" influence on capital regulation via campaign contributions. Our central result is that banks buy influence at...
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    Central banking | Empirics | Financial markets | Regulation

    The Partisanship of Financial Regulators

    Paper

    Posted on 27 September 2021

    By Matthew Henriksson

    We analyze the partisanship of Securities and Exchange Commissioners (SEC) and members of the Federal Reserve Board of Governors (Fed). Using the language-based approach of Gentzkow, Shapiro, and Taddy (Econometrica,...
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    Financial markets | Political institutions | Regulation

    Delegation and the Regulation of U.S. Financial Markets

    Paper

    Posted on 7 July 2021

    By Thomas Groll

    We analyze the institutional determinants of U.S. financial market regulation with a general model of the policy-making process in which legislators delegate authority to regulate financial risk at both the...
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