regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …

regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …

This article explores the effect of delays in updating prudential regulation on countries' likelihood of experiencing … banking crises, and it disentangles the impact of different aspects of regulation on crisis onset. I argue that delays in … revising banks' prudential regulation allow banks to adopt risky behavior. This increases a country's vulnerability to systemic …

- such as the dynamics of financial innovation and globalization - remain relevant for the region. As the world embraces wide …

and political markets to spur deregulation and riskier lending and investment, which in turn contributes to the severity … of a financial crisis: 1) Regulation creates two categories of financial institutions. The first class faces greater … profits. 2) These additional profits leads to calls for deregulation to enable the first class to participate in lucrative …

families. The second section then lays out the tenets that should govern economic regulation to support families. These tenets …