analysis suggests that preferential treatment in liquidity and capital regulation increases banks' demand for government bonds … beyond their own risk appetite. Liquidity and capital regulation also seem to incentivize banks to substitute other bonds …

This paper analyzes the impact of a liquidity requirement similar to the Basel 3 Liquidity Coverage Ratio (LCR) on the … banks from 2005 to 2011, we show that banks which are just above/below their short-term regulatory liquidity requirement pay … liquidity requirement's 30 day horizon. Being close to the minimum liquidity requirement induces banks to increase borrowing …

The purpose of this paper is to assess the history of global liquidity regulation until the revised Basel III proposals … in 2013 and to analyze the interaction of capital regulation and banks' liquidity buffers. Our analysis suggests that … regulating capital is associated with declining liquidity uffers. The interaction of liquidity regulation and monetary policy as …

diversification increases systemic risk. We consider the case of securitization, whereby loan portfolios are sliced into tranches with …

We examine which variables are robust in explaining cross-country differences in the real impact of systemic banking … real impact of banking crises. Countries with a high GDP per capita have more prolonged downfalls after the occurrence of a … banking crisis. Exchange rate developments and pre-crisis GDP growth are related to the peak-to-trough impact of a banking …

Banking groups have become increasingly multinational but the institutional infrastructure to deal with solvency or … liquidity problems is still largely national. This might lead to financial instability if national authorities do not … redistributive at the expense of smaller and East European countries (not home to large cross-border banking groups). The 'general …