Federal Reserve Bank of Richmond
Richmond Fed Economic Brief
Systemic risk regulation and the "too big to fail" problem
A single regulator tasked with preventing threats to systemic stability would need to have considerable power and discretion. But creating such a powerful entity could reinforce the moral hazard problem resulting from the idea that some firms are too big to fail.
Cite this item
Borys Grochulski & Stephen Slivinski, "Systemic risk regulation and the "too big to fail" problem"
, Federal Reserve Bank of Richmond, Richmond Fed Economic Brief, issue Jul, 2009.
Keywords: Risk ; Financial institutions
This item with handle RePEc:fip:fedreb:y:2009:i:jul:n:09-07
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