Therefore, it is necessary to think carefully how banks may change their behaviour and to make sure that the new regulation will achieve its goal.
From a central  2  For instance, G. Gorton (2009) “Information, Liquidity, and the Panic of 2007”, American Economic Review, Papers and Proceedings, forthcoming; R. Rajan (2010), Fault Lines, Princeton University Press; M. Brunnermeier (2009): “Deciphering the Liquidity and Credit Crunch 2007–2008”; Journal of Economic Perspectives, 23(1), 77–100.