Bank Supervision after the Financial Crisis: Signals from the Market for Liquidity

Bank Supervision after the Financial Crisis: Signals from the Market for Liquidity

The financial turmoil that we have been living with since August 2007 has left central banks, regulators, politicians, and economists with two big, overriding questions: How do we best get out of the crisis and how should banks be regulated and markets organized to avoid such crises in the future. This paper deals with the second question.

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