scholarly journals Optimal Regulation of Financial Intermediaries

2017 ◽  
Author(s):  
Sebastian Di Tella
Keyword(s):  
Financial Intermediaries ◽  
Optimal Regulation

scholarly journals Optimal Regulation of Financial Intermediaries

2019 ◽  
Vol 109 (1) ◽  
pp. 271-313 ◽  
Author(s):  
Sebastian Di Tella
Keyword(s):  
Capital Markets ◽  
Asset Prices ◽  
Financial Regulation ◽  
Optimal Allocation ◽  
Financial Intermediaries ◽  
Sufficient Statistic ◽  
Market Data ◽  
Optimal Regulation ◽  
Capital Assets ◽  
Regulation Policy

I characterize the optimal financial regulation policy in an economy where financial intermediaries trade capital assets on behalf of households, but must retain an equity stake to align incentives. Financial regulation is necessary because intermediaries cannot be excluded from privately trading in capital markets. They don’t internalize that high asset prices force everyone to bear more risk. The socially optimal allocation can be implemented with a tax on asset holdings. I derive a sufficient statistic for the externality and use market data on leverage and volatility of intermediaries’ equity to measure it. (JEL D82, G01, G12, G20, G31, H25)

MODERNIZATION OF FINANCIAL INTERMEDIARIES RELATIONS IN MODERN CONDITIONS OF NATIONAL ECONOMY

2017 ◽  
Vol 2 (2(10)) ◽  
pp. 78-84 ◽  
Author(s):  
I. H. Honcharenko ◽  
◽  
E. Yu. Berezina ◽  
A. М. Shevchenko ◽  
◽  
...  
Keyword(s):  
National Economy ◽  
Financial Intermediaries

A Critical Analysis of Selected Public and Private Mutual Fund Schemes in India

2019 ◽  
Vol 118 (8) ◽  
pp. 28-34
Author(s):  
Dr. V. Murali Krishna ◽  
Dr T. Hima Bindu ◽  
Dr. Ravikumar Gunakala
Keyword(s):  
Mutual Funds ◽  
Capital Market ◽  
Mutual Fund ◽  
Portfolio Diversification ◽  
Financial Intermediaries ◽  
Public And Private ◽  
Fund Managers ◽  
Fixed Base ◽  
Banking Institutions ◽  
Different Levels

Mutual Fund Industry is one of the emerged dominant financial intermediaries in Indian Capital Market. The main objective of investing in a mutual fund is to diversify risk. Though the mutual fund invests in diversified portfolio, the fund managers take different levels of risk in order to achieve the schemes objectives. Mutual funds allow portfolio diversification and relative risk management through collection of funds from the savers/investors, the same investing in equity and debt stocks. This type of invested funds is managed by professional experts called as fund managers Funds are categorized as income should fixed base in India are a kind of mutual fund which makes investment in debt securities that have been issued to the corporate, banking institutions and to government in general

Law, Institutions and Taxes: A Perspective on Optimal Regulation

2009 ◽  
Author(s):  
Kose John ◽  
Vinay B. Nair ◽  
Lemma W. Senbet
Keyword(s):  
Optimal Regulation
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