Bücher der Reihe Finanzwirtschaft, Banken und Bankmanagement I Finance, Banks and Bank Management

Sebastian Moenninghoff provides an extensive overview of the status of the 'Too-Big-to-Fail' doctrine post-crisis and develops the first comprehensive framework to categorize and discuss the full range of major policy options for regulating banks.

Gevorg Hunanyan develops a model that provides a comprehensive theoretical framework to study the consequences of short-sale constraints on the stability of financial markets. The author develops criteria that allow to analyse the effectiveness of short-sale constraints in reducing portfolio risk as well as default risk.

The results suggest that the G-SIB designation effect, which positively impacts G-SIBs' share prices because of funding benefits from IGGs, is dominated by the regulatory G-SIB burden effect, which negatively impacts G-SIBs' share prices because of lower profitability due to capital surcharges and other regulatory requirements placed on G-SIBs.