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Five lessons from the Spanish cajas debacle for a new euro-wide supervisor

Garicano, Luis (2012) Five lessons from the Spanish cajas debacle for a new euro-wide supervisor. In: Beck, Thorsten, (ed.) Banking Union for Europe - Risks and Challenges. Vox EU, Centre for Economic Policy Research (CEPR), London, UK, pp. 77-84.

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Abstract

Economists in the Eurozone seem set on the principle of a single supervisory body to make up a part of a new banking union. This column argues that when thinking about the inner workings of this new institution, we need to learn from the mistakes of the Spanish regulators in dealing with the cajas.

Item Type: Book Section
Official URL: http://www.voxeu.org/
Additional Information: © 2012 CEPR
Library of Congress subject classification: H Social Sciences > HG Finance
Sets: Departments > Management
Research centres and groups > Managerial Economics and Strategy Group
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 31 Jul 2013 10:36
URL: http://eprints.lse.ac.uk/51254/

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