kaal:claim:2273857-029

Regulatory intensity is never constant: it increases after a market crash and then wanes as society and the market return to normalcy.

Source quote, verbatim

The phrase "regulatory sine curve," means: "that (1) regulatory intensity is never constant, but rather increases after a market crash, and then wanes as (and to the extent that) society and the market return to normalcy

From

Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), II.2 Regulatory Sine Curve, p. 15
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

following a market crash

Classification

definitionalsupport: arguedeconomics

Verify

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