In this essay, we propose a principled approach for government bailouts of critical/systemic firms who find themselves in COVID-19-induced financial...
We contribute to the debate about the future of capital markets and corporate finance, which has ensued against the background of a significant boom in...
There is a growing literature about the question of who should regulate the regulators. This paper is interested in the question of how to regulate the...
An important question in banking is how strict supervision affects bank lending. Supervisors forcing banks to recognize losses could choke off lending...