Title: Durable financial regulation
Description: "This paper sets forth a discussion framework for the information requirements of systemic financial regulation.  It specifically describes a potentially large macro-micro database for the U.S.  based on an extended version of the Flow of Funds.  I argue that such a database would have been of material value to U.S.  regulators in ameliorating the recent financial crisis and could be of aid in understanding the potential vulnerabilities of an innovative financial system in the future.  I also suggest that making these data available to the academic research community, under strict confidentiality restrictions, would enhance the detection and measurement of systemic risk"--National Bureau of Economic Research web site.