Pellegrina, L. Dalla; Masciandaro, D.; Pansini, R. - In: European Journal of Law and Economics 38 (2014) 2, pp. 279-315
We investigate the effect that exchange rate regimes have on the degree of central bank involvement in banking supervision. Using both de jure and de facto exchange rate regimes, we find that, conditional on several other factors affecting supervisory power allocation, policymakers are more...