Journal of Financial Economic Policy: Volume 1 Issue 1

Regulatory reform in the wake of the financial crisis of 2007‐2008

Andrew W. Lo

The purpose of this paper is to analyse regulatory reform in the wake of the financial crisis of 2007‐2008.

Effects of banks on “debt‐sensitive” small businesses

Allen N. Berger, Philip Ostromogolsky

The purpose of this paper is to identify which small businesses are most “debt sensitive”, or most likely to be affected by banking market conditions.

A (partial) resolution of the Chinese discount puzzle: The 2001 deregulation of the B‐share market

G. Andrew Karolyi, Lianfa Li, Rose Liao

The purpose of this paper is to examine the changes in B‐share discounts across 76 Chinese stocks around an important regulatory event to understand the importance of political…

Do markets “discipline” all banks equally?

Joa˜o A.C. Santos

The purpose of this paper is to investigate whether the bond market disciplines all banks equally, in the sense of demanding the same relative risk premium across banks of…