Di Matteo, Pasquale (A.A. 2020/2021) Financial regulation and market efficiency: the behavioural perspective. Tesi di Laurea in Money and banking, Luiss Guido Carli, relatore Paolo Paesani, pp. 42. [Bachelor's Degree Thesis]

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Abstract/Index

History of financial deregulation in the US: from the great depression to the great recession. The great depression and the new deal. Marquette national bank v. first of Omaha Service Corp. The 80s’ wave of deregulation Link between financial deregulation and efficient market hypothesis. Accountability for the great recession: why financial deregulation was the main contribution factor of the global financial crisis. Institutional failure: “too big to fail” and the credit rating agencies’(CRAS) scandal. History of behavioural finance and the confutation of the efficient market hypothesis. Before behavioural finance and behavioural economics: the psychological approach to economics. Behavioural economics. The behavioural finance revolution: the answer against the efficient market hypothesis. The efficient market hypothesis: point of strength and weaknesses behind its validity. Implementation of behavioural finance into financial regulation. Implementing regulations by understanding biases and agency problems. Central banking role in the process of financial supervision and monitoring. Financial deregulation: the trade off between the benefit of growth and risk.

References

Bibliografia: pp. 37-42.

Thesis Type:	Bachelor's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair:	Money and banking
Thesis Supervisor:	Paesani, Paolo
Academic Year:	2020/2021
Session:	Autumn
Deposited by:	Alessandro Perfetti
Date Deposited:	02 Mar 2022 14:16
Last Modified:	02 Mar 2022 14:16
URI:	https://tesi.luiss.it/id/eprint/31620

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