The Dodd-Frank Wall Street Reform and Consumer Protection Act (commonly known as Dodd-Frank), which was intended to address perceived problems in the financial system and prevent future crises, is the biggest act of Congress in recent history, in terms of the volume of regulations resulting from it. The sheer size and complexity of the 2010 law can undermine the quality of the regulations that the law authorizes. In “Is Dodd-Frank the Biggest Law Ever?” Patrick A. McLaughlin, Oliver Sherouse, Mark Febrizio, and M. Scott King develop new methods for empirically assessing the size, scope, and complexity of laws and use those methods to analyze Dodd-Frank.
Patrick McLaughlin, Mark Febrizio, Oliver Sherouse, and Scott King