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9 publications found, searching for 'Bernard Shull '
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Working Paper No. 784January 16, 2014
Financial Crisis Resolution and Federal Reserve Governance
AbstractThe Federal Reserve has been criticized for not forestalling the financial crisis of 2007–09, and for its unconventional monetary policies that have followed. Its critics have raised questions as to…more
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One-Pager No. 36January 11, 2013
Expansion of Federal Reserve Authority in the Recent Financial Crisis Raises Questions about Governance
AbstractSeveral years before the onset of the recent financial crisis, ex – Federal Reserve Board Member Lawrence Meyer wrote that the Fed “is often called the most powerful institution in…more
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One-Pager No. 36January 11, 2013
Η επέκταση της εξουσίας του Ομοσπονδιακού Αποθεματικού στην πρόσφατη χρηματοοικονομική κρίση εγείρει ερωτήματα διακυβέρνησης
AbstractΑρκετά χρόνια πριν από το ξέσπασμα της πρόσφατης χρηματοοικονομικής κρίσης, ο Lawrence Meyer, πρώην διοικητικό μέλος του Ομοσπονδιακού Αποθεματικού, έγραψε ότι η Ομοσπονδιακή Τράπεζα «αναφέρεται συχνά ως ο ισχυρότερος θεσμός…more
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Working Paper No. 735November 14, 2012
The Impact of Financial Reform on Federal Reserve Autonomy
AbstractThe Federal Reserve has been criticized for not preventing the risky behavior of large financial companies prior to the financial crisis of 2008–09, for approving mergers that aggravated the “too…more
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Working Paper No. 709February 28, 2012
Too Big to Fail
AbstractGovernment forbearance, support, and bailouts of banks and other financial institutions deemed “too big to fail” (TBTF) are widely recognized as encouraging large companies to take excessive risk, placing smaller…more
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Working Paper No. 709February 28, 2012
«Πάρα πολύ μεγάλες για να καταρρεύσουν»
AbstractΟι κρατικές πολιτικές χαλαρής αντιμετώπισης, στήριξης και διάσωσης των τραπεζών και άλλων χρηματοπιστωτικών οργανισμών που θεωρούνται «πολύ μεγάλοι για να καταρρεύσουν» αναγνωρίζονται ευρέως ως πολιτικές που ενθαρρύνουν τις μεγάλες επιχειρήσεις…more
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Working Paper No. 601June 04, 2010
Too Big to Fail in Financial Crisis
AbstractRegulatory forbearance and government financial support for the largest US financial companies during the crisis of 2007–09 highlighted a "too big to fail" problem that has existed for decades. As…more
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Public Policy Brief No. 5May 05, 1993
The Limits of Prudential Supervision
AbstractAccording to Bernard Shull, although the recent round of banking legislation—most notably the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) and the Federal Deposit Insurance Corporation Improvement Act (FDICIA)—did…more
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Working Paper No. 88March 10, 1993
Limits of Prudential Supervision
AbstractBank supervision typically receives little if any attention when banks are operating without difficulty. But when banks fail in large numbers, or large banks fail, and the system itself is…more
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