Financial Law and Risk Control
Systematic Regulation of Systemic Risk
Steven L. Schwarcz
- Year
- 2019
- Venue
- Wisconsin Law Review
- Level
- Advanced
Summary
Organizes financial-stability regulation around market failures that trigger and transmit shocks rather than around isolated institutions or punitive responses. The article offers a coherent framework for evaluating macroprudential tools.
Citation
Steven L. Schwarcz. "Systematic Regulation of Systemic Risk." Wisconsin Law Review, 2019.
BibTeX
@article{Schwarcz2019Systematic,
title = {Systematic Regulation of Systemic Risk},
author = {Steven L. Schwarcz},
year = {2019},
journal = {Wisconsin Law Review},
url = {https://scholarship.law.duke.edu/faculty_scholarship/4583/}
}