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The Development of a European Prudential System

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  • Thierry Sessin
  • Laurence Scialom
  • Michel Aglietta
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    Abstract

    [eng] Financial markets are integrating fast with the advent of the euro. To cope with accrued competition, financial intermediaries have developed mergers. Credit and market risk are so correlated it poses problem to prudential regulation. This article proposes some ways of reforms. . JEL Classifications : G28

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    File URL: http://www.persee.fr/articleAsPDF/ecofi_1767-4603_2000_num_60_5_4505/ecofi_1767-4603_2000_num_60_5_4505.pdf?mode=light
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    Bibliographic Info

    Article provided by Programme National Persée in its journal Revue d'économie financière (English ed.).

    Volume (Year): 60 (2000)
    Issue (Month): 5 ()
    Pages: 59-83

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    Handle: RePEc:prs:recofi:ecofi_1767-4603_2000_num_60_5_4505

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    Web page: http://www.persee.fr/web/revues/home/prescript/revue/ecofi

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    1. Laurence Scialom & Michel Aglietta, 1998. "Vers une nouvelle doctrine prudentielle," Revue d'Économie Financière, Programme National Persée, vol. 48(4), pages 47-73.
    2. Charles A. E. Goodhart & Haizhou Huang, 1999. "A model of the lender of last resort," Proceedings, Federal Reserve Bank of San Francisco.
    3. Haizhou Huang & Charles Goodhart, 1999. "A Simple Model of an International Lender of Last Resort," FMG Discussion Papers dp336, Financial Markets Group.
    4. G. G. Garcia, 1999. "Deposit Insurance - A Survey of Actual and Best Practices," IMF Working Papers 99/54, International Monetary Fund.
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