kaal:claim:2273857-001

Governance adjustments enacted via stable rules in reaction to financial crises are inevitably followed by relaxation, revision, and retraction of those rules.

Source quote, verbatim

Governance adjustments via stable rules in reaction to financial crises are inevitably followed by relaxation, revision, and retraction.

From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), Abstract, p. 3
https://ssrn.com/abstract=2273857 · source PDF

Cite as

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013). SSRN: https://ssrn.com/abstract=2273857

Holds when

applies to rules enacted as a reaction to financial crises

Classification

failuresupport: assertedfailure: post-crisis rule retraction cyclefamily: regulatory-laginstitutional-design

Related claims

restated_by kaal:claim:kaal-2013-acomparativeperspectiveo-028 Following enactment, governance adjustments are often later repealed or diluted, and anticipation of future de...

Verify

The quote above is an exact substring of the source PDF, whose sha256 is e7cb3dea40593135acc99a9b00690138fe01020514ebf388f5140e1b0e59e82a. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/fd288d0d941713a7...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2273857-001.md | sha256sum