This Week in Financial Regulation, March 3rd

This Week in Financial Regulation, March 3rd

News and Commentary

In a VoxEU column, Caterina Mendicino et al. describe their efforts to find the optimal level of capital requirements, concluding that reform efforts should aim high as costs below the optimal level exceed those above it.

Justin Sink lists Joe Biden’s executive orders undoing those of Donald Trump for Bloomberg, including one undoing Trump’s efforts at weakening Dodd-Frank.

The U.K. now faces multiple impactful decisions on financial regulation comments Pierre Briançon in Barrons.

Joseph Sternberg examines how the Fed has made capital gains taxation less pro-cyclical, potentially distorting incentives in federal spending decisions.

Sylvan Lane details in The Hill how the SEC may alter climate-related risk reporting requirements and the Fed’s early stages of gauging climate risk.

Jana Kasperkevic interviews short seller Fahmi Quadir for ProMarket.

The FDIC publishes a final rule increasing supervision over transactions involving non-supervised banks.

Sita Nataraj Slavov et al. analyze potential downsides of automatic 401k enrollment for the American Enterprise Institute.

Florin Bilbiie, Gauti Eggertsson, and Giorgio Primiceri argue that household savings are not so excessive as to destabilize the economy with post-pandemic demand in a VoxEU column.

New Research

Alberto Martín, Enrique Moral-Benito, and Tom Schmitz find that a housing boom results in a delayed non-housing credit expansion after initial contraction in the American Economic Review.

Gaetano Gaballo and Guillermo Ordoñez note in an NBER paper that public information both weakens market insurance against trading risk but better self-insurance.

Brad Barber et al. observe that financial research productivity fell during the pandemic for persons with young children, those who spend more time teaching, persons with financially troubled employers, and those with concerns over feedback, isolation, and health in an NBER paper.

John Cochrane reevaluates standard portfolio theory in an NBER paper.

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By |2021-03-08T13:24:15-08:00March 8th, 2021|Blog, Financial Regulation|