ABSTRACT The European Union (EU) has been hit by financial and economic crises since
2008. To shed light upon the impact of these crises, this article reviews punctuated …

A crucial element in the complex chain of factors that caused the recent financial crisis was
the lack of regulation and oversight in the shadow banking sector, which is largely …

In response to the flash crashes and market manipulations blamed on high-frequency
trading (HFT), algorithms have been brought inside the regulatory perimeter. This paper …

A key claim in bureaucratic reputation literature is that reputation has several dimensions.
This presents agencies with a difficult choice concerning which dimension (s) they should …

It is commonly assumed that state agencies legitimize themselves via outputs. This paper
shows that in situations of organizational crisis, state agencies may adopt new policy areas …

In the Line of Fire: European Financial Regulators before, during, and after the Crisis Page 1
Abhandlungen dms – der moderne staat – Zeitschrift für Public Policy, Recht und Management …

What accounts for divergent and unexpected patterns of state response to banking crises?
Contrary to predictions of convergence, significantly different patterns persist across …

The financial market crisis put the spotlight on the performance of two main German
government bodies in financial market policy, the German Ministry of Finance (BMF) and the …

Industrie, Ressourcenverbrauch und Emissionen oder die Einbeziehung immer neuer
Regionen und Bevölkerungen in die Weltwirtschaft verschärft worden. Es entstehen zwar …

Germany has coped better than most other eurozone member countries with the ongoing
crisis, although the country's social market economy—including its focus on price stability …