概括
政治和官僚责任缺陷加剧了储蓄机构存款保险危机. 解决这个问题需要结束政治自由裁量权,为财务承诺制定预算,而不是指责管理或放松管制.
科学领域:
- 经济学 经济学 经济学
- 公共政策 公共政策
- 金融规章制度 金融规章制度 金融规章制度
背景情况:
- 储蓄机构存款保险系统面临着严重的危机.
- 现有的激励措施为政府和行业创造了合理的反应,加剧了这个问题.
研究的目的:
- 为了确定储蓄机构存款保险危机的根本原因.
- 批评提出的解决方案,并提供一条通向解决的道路.
主要方法:
- 在监管框架内分析政治和官僚问责制.
- 对政府和储蓄机构经理的激励结构的检查.
- 批评现有和拟议的政策应对措施.
主要成果:
- 危机源于政治和官僚问责制的缺陷,而不仅仅是管理不善或放松管制.
- 掩盖不良业绩和放松资本要求是合理的政府反应.
- 积极的行业风险承担是对监管宽限期的合理反应.
结论:
- 布什政府的计划错误地确定了危机的原因.
- 解决危机需要解决激励缺陷,放弃政治自由裁量权.
- 对政府财政承诺进行准确的预算是系统性改革的关键.
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