The Brookings Institute
Date Published | 2014 |
Version | |
Primary Author | Douglass J. Elliott |
Other Authors | |
Theme | Regulation and Supervision of Housing Finance Systems |
Country |
A key part of the regulatory reforms in the US and globally in response to the financial crisis has been to establish formal, quantitative requirements for the liquidity levels that banks must attain. This paper explains these requirements and how regulators try to balance the safety benefits and the economic costs of these new mandates