株式会社極東書店トップ ＞ 商品一覧 ＞ Fragmenting Markets : Post-Crisis Bank Regulations and Financial Market Liquidity.
商品詳細
Fragmenting Markets : Post-Crisis Bank Regulations and Financial Market Liquidity. D.ダフィー著 危機後の銀行規制と金融市場の流動性
・ISBN 978-3-11-067302-9 2023 hard EUR 59.95
￥16,023.- (税込) ※（※）価格はご注文時の参考価格となります。
納品価格につきましては書籍の入荷時点で確定となります。
版元の原価改定、外国為替の変動等により異なる場合がございますので、予めご了承下さい。
お気に入り
★★★
電子版あり 大学・学術機関向け電子ブック（eBook）ISBN 978-3-11-067305-0
| 著者・編者 | Duffie, Darrell, |
|---|---|
| 出版社 | (de Gruyter, GW) |
| ページ数 | 120 pp. |
| 言語 | ENG |
| ニュース番号 | ＜659-337 659-P1515＞ |
解説
Post-crisis capital regulations and new failure-resolution rules increase the funding costs that are borne by bank shareholders, and thus the cost to buy-side firms for access to space on the balance sheets of large banks. A policy implication is the encouragement of market infrastructure and trading methods that reduce the amount of space on bank balance sheets that is needed to conduct a given amount of trade. Using models and evidence, this book addresses the implications for financial-market liquidity of these regulations for systemically important banks and argues that current rules do not allow for potential levels of market efficiency and financial stability. In this insightful analysis of the impact of regulation on financial market efficiency post-2008, the author argues that bank capital levels could actually be pushed higher while still improving the liquidity of markets for safe assets such as low-risk fixed-income instruments by relaxing the leverage-ratio rule and increasing risk-based capital requirements.