kaal:claim:2273857-016

The aftermath of a financial crisis creates shock conditions that constitute a suboptimal environment for rulemaking.

Source quote, verbatim

The aftermath of financial crises creates suboptimal conditions (shock conditions) for rulemaking.

From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), II. The Political Economy of Financial Regulation, p. 11
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

period immediately following a financial crisis

Classification

failuresupport: arguedfailure: shock conditions for rulemakingfamily: regulatory-lagdynamic-regulationregulatory-failureeconomics

Verify

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