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Protecting Investors and Lessening Moral Hazard in Capital Markets by Using Mobile Communications and Internet Technologies and the Role of Central Registry Agency of Turkey
capital markets Central Registry Agency of Turkey Internet technology
2011/9/12
This paper aims to discuss and recommend security systems for protecting investors' assets against misuse or fraud by intermediary institutions when Turkish capital market transforms to dematerialized...
POLICY BURDEN，MORAL HAZARD AND SOFT BUDGET CONSTRAINT
Justin Yifu Lin CCER, Peking University& Zhiyun LiCERDI
NO. E2006004 April 4, 2006
Abstract: We present a model of policy burden and soft bud...