Business and regulatory cycles will persist, but optimizing the relationship between indicators of financial crises and the regulatory sine curve, especially the timing of regulatory responses, could soften some of the effects of crises.
Source quote, verbatim
While business and regulatory cycles are bound to persist, optimizing the relationship between indicators for financial crises and the regulatory sine curve, especially the timing of regulatory responses to crises, could soften some of the effects of regulatory crises.
From
Wulf A. Kaal, Dynamic Regulation of the Financial Services Industry (2013), III. Dynamic Regulation of the Financial Services Industry, p. 21 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
cycles themselves are taken as given
Classification
designsupport: argueddynamic-regulation
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