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Panic-driven Financial institution Runs and Public Communication

Utilizing a family survey with data remedies carried out within the aftermath of the SVB’s collapse, we look at the potential for a big financial institution’s failure to set off financial institution runs and the effectiveness of public communication in containing such a danger. We discover that information about SVB’s collapse will increase households’ propensity … [Read more…]

Lowering Company Fines Typically Penalizes Reasonably Than Protects the Public

Authorities regulators might scale back company fines for prison conduct if the fines threaten the agency’s survival, thus posing harms to staff and society. In a latest paper, Nathan Atkinson explores the frequency with which authorities regulators scale back fines and evaluates if these reductions are justified or if regulators are undermining their very own … [Read more…]