메뉴 건너뛰기




Volumn 17, Issue 1, 2006, Pages 73-102

E pluribus unum? Authorities' design in financial supervision: Trends and determinants

Author keywords

Central bank; Financial supervision; Single authority

Indexed keywords

CENTRAL BANK; REGULATORY APPROACH;

EID: 32044432139     PISSN: 09237992     EISSN: None     Source Type: Journal    
DOI: 10.1007/s11079-006-4739-7     Document Type: Article
Times cited : (46)

References (55)
  • 1
    • 22544479308 scopus 로고    scopus 로고
    • Bureaucrats or Politicians?
    • Discussion Paper no. 2009, Harvard Institute of Economic Research, mimeo
    • Alesina, Alberto and Guido Tabellini (2003) Bureaucrats or Politicians?, Discussion Paper no. 2009, Harvard Institute of Economic Research, mimeo.
    • (2003)
    • Alesina, A.1    Tabellini, G.2
  • 3
    • 0346684472 scopus 로고    scopus 로고
    • 5"A Theory of Path Dependence in Corporate Ownership and Governance"
    • Bebchuk, Lucian A. and J. Mark Roe (2000) "A Theory of Path Dependence in Corporate Ownership and Governance." Stanford Law Review 52:127-170.
    • (2000) Stanford Law Review , vol.52 , pp. 127-170
    • Bebchuk, L.A.1    Roe, J.M.2
  • 4
    • 27844506975 scopus 로고    scopus 로고
    • Bank Supervision and Corporate Finance
    • NBER Working Paper no. W9620
    • Beck, Thorsen, Asli Demirgüç-Kunt and Ross Levine (2003) Bank Supervision and Corporate Finance. NBER Working Paper no. W9620.
    • (2003)
    • Beck, T.1    Demirgüç-Kunt, A.2    Levine, R.3
  • 5
    • 0033074730 scopus 로고    scopus 로고
    • "The Consolidation of the Financial Services Industry: Causes, Consequences and Implications for the Future"
    • Berger, Allen, Rebecca S. Demsetz and E. Philips Strahan (1999) "The Consolidation of the Financial Services Industry: Causes, Consequences and Implications for the Future." Journal of Banking and Finance 23(2-4):135-194.
    • (1999) Journal of Banking and Finance , vol.23 , Issue.2-4 , pp. 135-194
    • Berger, A.1    Demsetz, R.S.2    Strahan, S.E.3
  • 8
    • 27344437189 scopus 로고    scopus 로고
    • Path Dependence and the Alchemy of Finance: The Economic Geography of the German Model, 1997-2003
    • (forthcoming)
    • Clark, L. Gordon and Dariusz Wojcik (2005) Path Dependence and the Alchemy of Finance: The Economic Geography of the German Model, 1997-2003, Environment and Planning, (forthcoming).
    • (2005) Environment and Planning
    • Clark, L.G.1    Wojcik, D.2
  • 10
    • 0003629868 scopus 로고    scopus 로고
    • Bank Based and Market Based Financial Systems: Cross Countries Comparisons
    • Development Research Group, Finance Department, Working Paper no. 2143, The World Bank
    • Demirgüç-Kunt, Asli and Ross Levine (1999) Bank Based and Market Based Financial Systems: Cross Countries Comparisons, Development Research Group, Finance Department, Working Paper no. 2143, The World Bank.
    • (1999)
    • Demirgüç-Kunt, A.1    Levine, R.2
  • 11
    • 33644752856 scopus 로고    scopus 로고
    • Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation
    • NBER Working Paper no. 9620
    • Demirgüç-Kunt, Asli, Luc Laeven and Ross Levine (2003), Regulations, Market Structure, Institutions, and the Cost of Financial Intermediation, NBER Working Paper no. 9620.
    • (2003)
    • Demirgüç-Kunt, A.1    Laeven, L.2    Levine, R.3
  • 12
    • 0003993065 scopus 로고    scopus 로고
    • The Nordic Banking Crisis: Pitfalls in Financial Liberalization?
    • Occasional Papers no. 161, International Monetary Fund
    • Dress, Burkhard and Cyela Pazarbasioglu (1998) The Nordic Banking Crisis: Pitfalls in Financial Liberalization?, Occasional Papers no. 161, International Monetary Fund.
    • (1998)
    • Dress, B.1    Pazarbasioglu, C.2
  • 13
    • 85032782328 scopus 로고    scopus 로고
    • Should the European Central Bank Be Entrusted with Banking Supervision in Europe
    • Briefing Paper on The Conduct of Monetary Policy and an Evaluation of the Economic Situation in Europe, Brussels, European Parliament
    • Eijffinger, Sylvester C.W.(2001) Should the European Central Bank Be Entrusted with Banking Supervision in Europe, Briefing Paper on The Conduct of Monetary Policy and an Evaluation of the Economic Situation in Europe, Brussels, European Parliament.
    • (2001)
    • Eijffinger, S.C.W.1
  • 14
    • 32044459233 scopus 로고    scopus 로고
    • Financial Supervision from an Historical Perspective: Was the Development of Such Supervision Designed, or largely Accidental?
    • Conference on the Structure of Financial Regulation, Bank of Finland, mimeo
    • Goodhart, Charles A.E. (2004) Financial Supervision from an Historical Perspective: Was the Development of Such Supervision Designed, or largely Accidental?, Conference on the Structure of Financial Regulation, Bank of Finland, mimeo.
    • (2004)
    • Goodhart, C.A.E.1
  • 16
    • 0000915978 scopus 로고
    • "Should the Functions of Monetary Policy and Banking Supervision be Separated?"
    • Goodhart, Charles A.E. and Dirk Shoenmaker (1995) "Should the Functions of Monetary Policy and Banking Supervision be Separated?" Oxford Economic Papers 47:539-560.
    • (1995) Oxford Economic Papers , vol.47 , pp. 539-560
    • Goodhart, C.A.E.1    Shoenmaker, D.2
  • 17
    • 0004296209 scopus 로고    scopus 로고
    • Upper Saddle River, New Jersey, Prentice Hall
    • Greene, William H. (1997) Econometric Analysis, Upper Saddle River, New Jersey, Prentice Hall.
    • (1997) Econometric Analysis
    • Greene, W.H.1
  • 19
    • 38249032485 scopus 로고
    • "October 1979: Did the Federal Reserve Change Policy Objectives?"
    • Hakes, David R. (1988) "October 1979: Did the Federal Reserve Change Policy Objectives?" Journal of Economics and Business 40:159-168.
    • (1988) Journal of Economics and Business , vol.40 , pp. 159-168
    • Hakes, D.R.1
  • 20
    • 0008042459 scopus 로고
    • "The Objectives and Priorities of Monetary Policy under Different Federal Reserve Chairman."
    • Hakes, David R. (1990) "The Objectives and Priorities of Monetary Policy under Different Federal Reserve Chairman." Journal of Money, Credit and Banking 22:327-337.
    • (1990) Journal of Money, Credit and Banking , vol.22 , pp. 327-337
    • Hakes, D.R.1
  • 21
    • 32044456625 scopus 로고    scopus 로고
    • "Issues in the Unification of Supervision: Lessons from the Swedish Experience"
    • Alexander Fleming, David T. Llewellyn and Jeffrey Carmichael (eds.) Washington D.C., The World Bank
    • Ingves, Stefan (2004) "Issues in the Unification of Supervision: Lessons from the Swedish Experience." In Alexander Fleming, David T. Llewellyn and Jeffrey Carmichael (eds.), Aligning Financial Supervisory Structures with Country Needs, Washington D.C., The World Bank.
    • (2004) Aligning Financial Supervisory Structures With Country Needs
    • Ingves, S.1
  • 22
    • 32044447619 scopus 로고    scopus 로고
    • Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo
    • Halvorsen, Martin G. (2001) Process of Merging Different Supervisory Agencies, Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo.
    • (2001) Process of Merging Different Supervisory Agencies
    • Halvorsen, M.G.1
  • 25
    • 0006200594 scopus 로고    scopus 로고
    • Challenges to the Structure of Financial Supervision in the EU
    • 22nd SUERF Colloquium, Wien
    • Lannoo, Karel (2000) Challenges to the Structure of Financial Supervision in the EU, 22nd SUERF Colloquium, Wien.
    • (2000)
    • Lannoo, K.1
  • 27
    • 32044449116 scopus 로고    scopus 로고
    • "The Integration of Financial Supervisory Bodies: The Korean Experience"
    • Alexander Fleming, David T. Llewellyn and Jeffrey Carmichael (eds.) Washington D.C., The World Bank
    • Lee, Seok Keun (2004) "The Integration of Financial Supervisory Bodies: The Korean Experience." In Alexander Fleming, David T. Llewellyn and Jeffrey Carmichael (eds.), Aligning Financial Supervisory Structures with Country Needs, Washington D.C., The World Bank.
    • (2004) Aligning Financial Supervisory Structures With Country Needs
    • Lee, S.K.1
  • 29
    • 32044453496 scopus 로고    scopus 로고
    • Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo
    • Llewellyn, David T. (2001) Unified Financial Supervision: Some Key Issues and Perspectives, Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo.
    • (2001) Unified Financial Supervision: Some Key Issues and Perspectives
    • Llewellyn, D.T.1
  • 30
    • 38849104577 scopus 로고    scopus 로고
    • Integrated Agencies and the Role of Central Banks
    • Donato Masciandaro (ed.) Edward Elgar, Cheltenham, (forthcoming)
    • Llewellyn, David T. (2005) Integrated Agencies and the Role of Central Banks, in Donato Masciandaro (ed.), The Handbook of Central Banking and Financial Authorities in Europe, Edward Elgar, Cheltenham, (forthcoming).
    • (2005) The Handbook of Central Banking and Financial Authorities in Europe
    • Llewellyn, D.T.1
  • 32
    • 84960917935 scopus 로고    scopus 로고
    • "Unification in Financial Sector Supervision: The Trade Off between Central Bank and Single Authority"
    • Masciandaro, Donato (2004) "Unification in Financial Sector Supervision: The Trade Off between Central Bank and Single Authority." Journal of Financial Regulation and Compliance 12(2):151-169.
    • (2004) Journal of Financial Regulation and Compliance , vol.12 , Issue.2 , pp. 151-169
    • Masciandaro, D.1
  • 33
    • 32044460768 scopus 로고    scopus 로고
    • "Single Authority in Financial Market Supervision: Lessons for EU Enlargement"
    • Donato Masciandaro (ed.) Edward Elgar, Cheltenham
    • Masciandaro, Donato and Angelo Porta (2004). "Single Authority in Financial Market Supervision: Lessons for EU Enlargement." In Donato Masciandaro (ed.), Financial Intermediation in the New Europe, Edward Elgar, Cheltenham.
    • (2004) Financial Intermediation in the New Europe
    • Masciandaro, D.1    Porta, A.2
  • 34
    • 32044456154 scopus 로고    scopus 로고
    • Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo
    • Mc Dowell, Michael (2001). Challenges for Unified Financial Supervision Experience of Ireland, Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo.
    • (2001) Challenges for Unified Financial Supervision Experience of Ireland
    • Mc Dowell, M.1
  • 37
    • 27744456293 scopus 로고    scopus 로고
    • "Financial Supervision: Inside or Outside Central Banks"
    • Jeroen J.M. Kremers, Dirk Shoenmaker and Peter J. Wierts (eds.) Edward Elgar, Cheltenham
    • Padoa Schioppa, Tommaso (2003) "Financial Supervision: Inside or Outside Central Banks." In Jeroen J.M. Kremers, Dirk Shoenmaker and Peter J. Wierts (eds.), Financial Supervision in Europe, Edward Elgar, Cheltenham.
    • (2003) Financial Supervision in Europe
    • Padoa Schioppa, T.1
  • 39
    • 0039607322 scopus 로고    scopus 로고
    • Pattern of Legal Change: Shareholder and Creditor Rights in Transition Economics
    • EBRD Working Papers no. 49
    • Pistor, Katharina (2000) Pattern of Legal Change: Shareholder and Creditor Rights in Transition Economics, EBRD Working Papers no. 49.
    • (2000)
    • Pistor, K.1
  • 40
    • 0039814985 scopus 로고
    • "Policy Objectives of the Federal System"
    • Potts, Glenn T. and G. Dudley Luckett (1978) "Policy Objectives of the Federal System." Quarterly Journal of Economics 92:525-534.
    • (1978) Quarterly Journal of Economics , vol.9 , Issue.2 , pp. 525-534
    • Potts, G.T.1    Luckett, G.D.2
  • 42
    • 32044466416 scopus 로고    scopus 로고
    • "Regulatory and Supervisory Independence and Financial Stability"
    • Quintyn, Marc and W. Michael Taylor (2003) "Regulatory and Supervisory Independence and Financial Stability." CESifo Economic Studies 49(2):259-294.
    • (2003) CESifo Economic Studies , vol.49 , Issue.2 , pp. 259-294
    • Quintyn, M.1    Taylor, M.W.2
  • 43
    • 0037633994 scopus 로고    scopus 로고
    • "The Great Reversals: The Politics of Financial Developments in the 20th Century"
    • Rajan, Raghuram and Luigi Zingales (2000) "The Great Reversals: The Politics of Financial Developments in the 20th Century." Journal of Financial Economics 69:5-50.
    • (2000) Journal of Financial Economics , vol.69 , pp. 5-50
    • Rajan, R.1    Zingales, L.2
  • 44
    • 7244232276 scopus 로고
    • Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz
    • NBER Working Paper no. 2966
    • Romer, Christina D. and H. David Romer (1989) Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz, NBER Working Paper no. 2966.
    • (1989)
    • Romer, C.D.1    Romer, H.D.2
  • 45
    • 84881952738 scopus 로고    scopus 로고
    • "The New Structure of Financial Regulation in Ireland"
    • Alexander Fleming, David T. Llewellyn and Jeffrey Carmichael (eds.) Washington D.C., The World Bank
    • O'Reilly, Liam (2004) "The New Structure of Financial Regulation in Ireland." In Alexander Fleming, David T. Llewellyn and Jeffrey Carmichael (eds.), Aligning Financial Supervisory Structures with Country Needs, Washington D.C., The World Bank.
    • (2004) Aligning Financial Supervisory Structures With Country Needs
    • O'Reilly, L.1
  • 46
    • 32044448649 scopus 로고    scopus 로고
    • "Central Banks and Financial Authorities in Europe: What Prospects?"
    • Donato Masciandaro (ed.) Edward Elgar, Cheltenham, (forthcoming)
    • Schoenmaker, Dirk (2005) "Central Banks and Financial Authorities in Europe: What Prospects?" In Donato Masciandaro (ed.), The Handbook of Central Banking and Financial Authorities in Europe, Edward Elgar, Cheltenham, (forthcoming).
    • (2005) The Handbook of Central Banking and Financial Authorities in Europe
    • Schoenmaker, D.1
  • 50
    • 32044443775 scopus 로고    scopus 로고
    • Integrated Financial Supervision: Lessons from Northern European Experience
    • Policy Research Working Paper no. 2223, The World Bank
    • Taylor, Michael W. and Alex Fleming (1999) Integrated Financial Supervision: Lessons from Northern European Experience, Policy Research Working Paper no. 2223, The World Bank.
    • (1999)
    • Taylor, M.W.1    Fleming, A.2
  • 51
    • 32044462176 scopus 로고    scopus 로고
    • Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo
    • Trink, Andres (2001) Challenges for Estonian Unified Financial Sector Supervision, Conference on the Challenges of Unified Financial Supervision, Central Bank of Estonia, Tallinn, mimeo.
    • (2001) Challenges for Estonian Unified Financial Sector Supervision
    • Trink, A.1
  • 52
    • 0035606532 scopus 로고    scopus 로고
    • "Restructuring Financial Regulation in the European Monetary Union"
    • Vives, Xavier (2001) "Restructuring Financial Regulation in the European Monetary Union." Journal of Financial Services Research 19:57-82.
    • (2001) Journal of Financial Services Research , vol.19 , pp. 57-82
    • Vives, X.1
  • 53
    • 0040152729 scopus 로고
    • "Fed Policy and Presidential Elections"
    • Winter
    • Wallace, Myles S. and T. John Warner (1985) "Fed Policy and Presidential Elections." Journal of Macroeconomics 6(Winter):79-88.
    • (1985) Journal of Macroeconomics , vol.6 , pp. 79-88
    • Wallace, M.S.1    Warner, T.J.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.