Should regulation be designed to lower the probability of bank failures or lower the social costs of bank failures?

 

Goodhart, C. et al. Financial Regulation: Why, How and Where Now?, Chapters 1, 4 & 9.

Llewellyn, D T The Economic Rationale of Financial Regulation, FSA Occasional Paper No. 1 (www.fsa.gov.uk)

Llewellyn, D T “A Post Crisis Regulatory Strategy: The Road to “Basel N” or Pillar 4?” in eds A Dombret and O Lucius, Stability of the Financial System, Edward Elgar, 2013 (LEARN)

David T Llewellyn “The post-crisis regulatory regime and Bank Business Models” (LEARN)

Green, C, Pentecost, E & The Financial Crisis and the Regulation of
Weyman-Jones, T Finance, Edward Elgar, chapters 4, 5 and 12.

 

Group of Thirty Financial Reform: A Framework for Financial Stability, New York, Group of Thirty, 2009

Llewellyn, D.T. “A Regulatory Regime for Financial Stability”, in G. Kaufman (ed) Bank Fragility and Regulation

Llewellyn, D.T. “Inside the Black Box of Market Discipline” in C. Borio & others (eds), Market Discipline Across Countries and Industries.

Dow, S. “Why the Banking System Should be Regulated”, Economic Journal, 1996, pp.698-707

Moosa, L. “Basel II as a Casualty of the Global Financial Crisis”, Journal of Banking Regulation, 2010, pp.95-114

Booth, P (Ed) Verdict on the Crash, Chapters 14-17

Mayes, D, Pringle, R and Towards a New framework for Financial Stability
Taylor, M Chapter 18