Edward J Kane
Biographic Data
| ID | 699730 |
|---|---|
| NAME | Edward J Kane |
| GIVEN NAMES | Edward J |
| FAMILY NAME | Kane |
| SIGNATURE | KANE E J |
| AFFILIATIONS | Boston College |
| ORCID | 0000-0002-9238-8705 |
| VERIFIED | Yes |
| TOTAL WORKS | 12 |
| TOTAL CITATIONS | 17 |
| WORKS AS AUTHOR | 12 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1963 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 3 |
On the Classification of Traditional Georgian Vocal Music by Computer-Assisted Score Analysis
This paper describes a feasibility study for the computational classification of traditional three-voiced Georgian vocal music, based on characteristic chord sequences extracted from digital scores. We demonstrate that for this purpose the differences between Western 5-line staff notation and a more appropriate heptatonic system for traditional Georgian music can be adjusted for by a simple transformation. A corpus of about 500 digital scores, co…
The Importance of Monitoring and Mitigating the Safety-Net Consequences of Regulation-Induced Innovation
To be effective, programs of regulatory reform must address the incentive conflicts that intensify financial risk-taking and undermine government insolvency detection and crisis management. Subsidies to risk-taking that large institutions extract from the financial safety-net encourage managers to make their firms riskier, harder to supervise, and politically and administratively more difficult to fail and unwind. Except in the very short run, re…
Deposit Insurance Around the Globe
Explicit deposit insurance has been spreading rapidly in recent years, even to countries with low levels of financial and institutional development. This paper documents the extent of cross-country differences in deposit insurance design and reviews empirical evidence on how particular design features affect private market discipline, banking stability, financial development and the effectiveness of crisis resolution. This evidence challenges the…
Reflexive Adaptation of Business to Regulation and Regulation to Business
Regulatory change is driven by competitive struggle. Regulatees struggle with each other for customers and with regulators to lessen the burden of the rules being enforced. Regulators compete for regulatees and for the confidence of customers and the general public.Competition among regulators is imperfect. Along with better rules, new entrants must offer reputational capital, financial strength, and recognized enforcement powers. These entry req…
The savings and loan insurance mess
The High Cost of Incompletely Funding the FSLIC Shortage of Explicit Capital
A useful parallel can be drawn between the Alaskan oil spill of 1989 and the flood of red ink spilled in recent years by U.S. thrift institutions (savings and loan associations and savings banks). In each case, initial damage from the spill was severely compounded by delaying and mishandling the clean-up required. For more than a decade, federal officials refused to acknowledge that the thrift ink spill had compromised the integrity of the suppor…
Nested Tests of Alternative Term-Structure Theories
Controversies in term-structure theory center around the existence and variability of term premia in securities yields. In this paper, the term premium on a default-free n-period bond is defined as the difference between its observable yield to maturity and the average expected per-annum rate of return on an n-period strip of rollover investments in one-period bonds. To test alternative term-structure theories without introducing ex post proxies …
Competition and Regulation in Financial Markets . Albert Verheirstraeten
Expectations and Interest Rates
The Term Structure of Interest Rates
IN recent years, the term structure of interest rates has become an increasingly important area for economic research. As a continuing balance-of-payments deficit has forced United States authorities to search for new policy weapons, theorists and statisticians alike have taken another look at the possibility of twisting the rate structure. Far from converging toward a single set of answers, however, this research has intensified pre-existing con…
Welfare Economics and Equity
Justice and Welfare Economics
Deposit Insurance Around the Globe
Explicit deposit insurance has been spreading rapidly in recent years, even to countries with low levels of financial and institutional development. This paper documents the extent of cross-country differences in deposit insurance design and reviews empirical evidence on how particular design features affect private market discipline, banking stability, financial development and the effectiveness of crisis resolution. This evidence challenges the…
The Importance of Monitoring and Mitigating the Safety-Net Consequences of Regulation-Induced Innovation
To be effective, programs of regulatory reform must address the incentive conflicts that intensify financial risk-taking and undermine government insolvency detection and crisis management. Subsidies to risk-taking that large institutions extract from the financial safety-net encourage managers to make their firms riskier, harder to supervise, and politically and administratively more difficult to fail and unwind. Except in the very short run, re…
Reflexive Adaptation of Business to Regulation and Regulation to Business
Regulatory change is driven by competitive struggle. Regulatees struggle with each other for customers and with regulators to lessen the burden of the rules being enforced. Regulators compete for regulatees and for the confidence of customers and the general public.Competition among regulators is imperfect. Along with better rules, new entrants must offer reputational capital, financial strength, and recognized enforcement powers. These entry req…
The High Cost of Incompletely Funding the FSLIC Shortage of Explicit Capital
A useful parallel can be drawn between the Alaskan oil spill of 1989 and the flood of red ink spilled in recent years by U.S. thrift institutions (savings and loan associations and savings banks). In each case, initial damage from the spill was severely compounded by delaying and mishandling the clean-up required. For more than a decade, federal officials refused to acknowledge that the thrift ink spill had compromised the integrity of the suppor…
Justice and Welfare Economics
Welfare Economics and Equity
The Term Structure of Interest Rates
IN recent years, the term structure of interest rates has become an increasingly important area for economic research. As a continuing balance-of-payments deficit has forced United States authorities to search for new policy weapons, theorists and statisticians alike have taken another look at the possibility of twisting the rate structure. Far from converging toward a single set of answers, however, this research has intensified pre-existing con…
Expectations and Interest Rates
Nested Tests of Alternative Term-Structure Theories
Controversies in term-structure theory center around the existence and variability of term premia in securities yields. In this paper, the term premium on a default-free n-period bond is defined as the difference between its observable yield to maturity and the average expected per-annum rate of return on an n-period strip of rollover investments in one-period bonds. To test alternative term-structure theories without introducing ex post proxies …
Competition and Regulation in Financial Markets . Albert Verheirstraeten
The High Cost of Incompletely Funding the FSLIC Shortage of Explicit Capital
A useful parallel can be drawn between the Alaskan oil spill of 1989 and the flood of red ink spilled in recent years by U.S. thrift institutions (savings and loan associations and savings banks). In each case, initial damage from the spill was severely compounded by delaying and mishandling the clean-up required. For more than a decade, federal officials refused to acknowledge that the thrift ink spill had compromised the integrity of the suppor…
The savings and loan insurance mess
Reflexive Adaptation of Business to Regulation and Regulation to Business
Regulatory change is driven by competitive struggle. Regulatees struggle with each other for customers and with regulators to lessen the burden of the rules being enforced. Regulators compete for regulatees and for the confidence of customers and the general public.Competition among regulators is imperfect. Along with better rules, new entrants must offer reputational capital, financial strength, and recognized enforcement powers. These entry req…
Deposit Insurance Around the Globe
Explicit deposit insurance has been spreading rapidly in recent years, even to countries with low levels of financial and institutional development. This paper documents the extent of cross-country differences in deposit insurance design and reviews empirical evidence on how particular design features affect private market discipline, banking stability, financial development and the effectiveness of crisis resolution. This evidence challenges the…
The Importance of Monitoring and Mitigating the Safety-Net Consequences of Regulation-Induced Innovation
To be effective, programs of regulatory reform must address the incentive conflicts that intensify financial risk-taking and undermine government insolvency detection and crisis management. Subsidies to risk-taking that large institutions extract from the financial safety-net encourage managers to make their firms riskier, harder to supervise, and politically and administratively more difficult to fail and unwind. Except in the very short run, re…
On the Classification of Traditional Georgian Vocal Music by Computer-Assisted Score Analysis
This paper describes a feasibility study for the computational classification of traditional three-voiced Georgian vocal music, based on characteristic chord sequences extracted from digital scores. We demonstrate that for this purpose the differences between Western 5-line staff notation and a more appropriate heptatonic system for traditional Georgian music can be adjusted for by a simple transformation. A corpus of about 500 digital scores, co…
Economics (10 works) · Business (6 works) · Finance (6 works) · Finance (4 works) · Law (3 works) · Market economy (3 works) · Public economics (3 works) · Actuarial science (2 works) · Banking stability, regulation, efficiency (2 works) · Competition (biology (2 works)