This brief estimates the costs of regulatory bank compliance under the Dodd-Frank Act, passed after the 2008 financial crisis to reduce risk-taking by banks.
Despite the period of very low interest rates since the 2008 financial crisis, bank lending has failed to recover. In this issue brief, public finance fellow Thomas L. Hogan explores the potential causes of this post-crisis decline in bank lending.
By Peter Salisbury, Chatham House; Arab Gulf States Institute
This brief provides an overview of the evolution of aid and development resources by the GCC states over the past several decades and discusses the political context for their emergence as donor nations.
Peter Salisbury discusses the GCC in aid and development in both a short issue brief and longer research paper on pluralism and inclusion in the Middle East after the Arab Spring. The project is generously supported by a grant from the Carnegie Corporation of New York.
This issue brief summarizes the debate over regulatory complexity, outlines a proposal from the Federal Reserve that would simplify bank capital regulations and another from the OCC that would push the financial regulatory system toward greater complexity, and recommends reforms to help improve financial stability.
The authors examine the arguments for and against source-based capital income taxation, focusing on the factors that countries must balance in thinking about the extent to which they should rely on a corporate income tax as a significant source of revenue.
While the recent fiscal troubles in Greece have received much attention, the U.S. fiscal position is hardly comparable to that of Greece. However, the United States is experiencing, and will continue to experience, one of the fundamental economic costs of relatively large and persistent deficits.
George Zodrow, the Cline Professor of Economics at Rice University and a Rice faculty scholar at the Baker Institute, is interviewed in State Tax Notes, providing expert insight on state tax policies, including thoughts on the looming tax relief debate in the next session of the Texas legislature.