Missing elements in US financial reform: A Kübler-Ross interpretation of the inadequacy of the Dodd-Frank Act

B-Tier
Journal: Journal of Banking & Finance
Year: 2012
Volume: 36
Issue: 3
Pages: 654-661

Authors (1)

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The success of any treatment plan depends on how completely the problems it targets have been diagnosed. The precrisis bubble in securitization can be traced to incentive conflict that allows national safety nets to subsidize leveraged risk-taking. Safety-net subsidies encouraged regulation-induced innovations that enabled firms to take hard-to-monitor risks and to make themselves politically, administratively, and economically difficult for government officials to fail and unwind.

Technical Details

RePEc Handle
repec:eee:jbfina:v:36:y:2012:i:3:p:654-661
Journal Field
Finance
Author Count
1
Added to Database
2026-01-25