Showing 1 - 10 of 541
a decentralized way. In our benchmark model the two countries always agree on a centralized regulation policy. In …
Persistent link: https://www.econbiz.de/10013236197
The paper empirically examines the implementation record of international financial regulation of the banking sector … record is particularly strong in countries where large banking sectors and big banks are both present, and where regulation …
Persistent link: https://www.econbiz.de/10012824593
stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the …
Persistent link: https://www.econbiz.de/10013405970
We empirically assess the impact of the EU roaming regulation on mobile operators’ average revenues per user (ARPU) and …-level data we find that the regulation decreased mobile operator’s revenues per user, while it had no impact on tariffs during … the latest phase of the regulation …
Persistent link: https://www.econbiz.de/10013216252
The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling … within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the … revenues. To evaluate the welfare effects of the regulation, we develop a framework that includes consumer surplus, retail and …
Persistent link: https://www.econbiz.de/10013211736
U.S. state-level banking deregulation during the 1980’s mitigated the impact of the China trade shock (CTS) on local economies (states and commuting zones) a decade later, in the 1990s. Local economies, where local banking markets opened up earlier, were also effectively financially more...
Persistent link: https://www.econbiz.de/10013243243
) restores the banking sector’s lending capacity after the short-term credit crunch induced by tighter regulation. We confirm our …-run after the implementation of Basel III capital regulation …
Persistent link: https://www.econbiz.de/10013224085
Do macroprudential regulations on residential lending influence commercial lending behavior too? To answer this question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential mortgages on which extra capital requirements were...
Persistent link: https://www.econbiz.de/10012861456
We introduce a model of the banking sector that formally incorporate a buffer function of capital. Heterogeneous banks choose their portfolio risk, bank size, and capital holdings. Banks voluntarily hold equity when the buffer effect against the risk of default outweighs the cost advantages of...
Persistent link: https://www.econbiz.de/10013308111
We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and … regulation. Therefore, countries are better off by harmonising regulation on an international standard. …
Persistent link: https://www.econbiz.de/10010288239