Covering a housing or banking story today? Here’s the latest from the experts on the AEI financial services team.
Newly proposed TLAC regulation will not remove the risk that the largest financial institutions may require future taxpayer assistance should the country face another financial crisis. In fact, the uncertainties associated with using TLAC in a Dodd-Frank Title II resolution are likely to create a new important source of systemic risk.
The most promising approach for Prompt Corrective Action (PCA) reform is to replace PCA capital ratios with a bank’s nonperforming-asset coverage ratio.
Regulators using new Dodd-Frank powers to develop an “orderly liquidation” plan inadvertently insure that community banks will continue to disappear as the banking system consolidates into a few large protected institutions.
It’s high time to extract Fannie and Freddie from their government bondage, while simultaneously ensuring they will never repeat their disastrous free ride on American taxpayers.
The left’s narrative about the financial crisis is seductive and easy to portray in a Hollywood film. But the facts are notably absent.
Government blunders turned it into a financial crisis. But this is not the kind of story that Hollywood likes—no greed, no evildoers, not even any humor—just very bad government policy combined with serial government blunders. Hence, “The Big Short” is solely entertainment, not the truth.
This article investigates the relationship between dividend payouts and corporate investment. We find significant heterogeneity in the relationship across firms—heterogeneity that helps reconcile competing results in the literature.
Coming out of a severe financial crisis, the economy is still encumbered by regulation. The Federal Reserve can ride the middle ground – continuing to tighten monetary policy while still keeping policy accommodating.
This edited collection consists of 10 essays by distinguished scholars, each focused on a particular area of the 2014 Farm Bill.