Skip to Main content Skip to Navigation
Preprints, Working Papers, ...

A schematic view of government as regulator and insurer of the financial system

Abstract : The purpose of this paper is to present a schematic of the interactions between the government as the REGULATOR of financial institutions and the government as the INSURER of financial institutions while taking into account the long-term feedback relationships between the size and the scope of the financial sector and the level of public debt resulting from financial crises over time. The analysis concludes that at certain high level of public debt and size of the expected support of the financial sector by the government, the regulator and /or the central bank may have to “stabilize” the situation, but there may be cases where the support becomes socially “unacceptable.”
Document type :
Preprints, Working Papers, ...
Complete list of metadatas

Cited literature [32 references]  Display  Hide  Download

https://halshs.archives-ouvertes.fr/halshs-01993612
Contributor : Caroline Bauer <>
Submitted on : Friday, January 25, 2019 - 8:43:12 AM
Last modification on : Wednesday, October 14, 2020 - 4:11:51 AM
Long-term archiving on: : Friday, April 26, 2019 - 12:14:21 PM

File

wp1907_.pdf
Files produced by the author(s)

Identifiers

  • HAL Id : halshs-01993612, version 1

Collections

Citation

Henri-Paul Rousseau. A schematic view of government as regulator and insurer of the financial system. 2019. ⟨halshs-01993612⟩

Share

Metrics

Record views

113

Files downloads

220