Showing 1 - 10 of 993
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
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 …
Persistent link: https://www.econbiz.de/10012866557
Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade and welfare. We make use of the rich dimensionality of our data and of the latest developments in the structural gravity literature. Starting with a broad evaluation by sanction...
Persistent link: https://www.econbiz.de/10012866418
. To investigate the drivers of crypto adoption, we assemble a novel database (made available with this paper) on retail …
Persistent link: https://www.econbiz.de/10014254558
This chapter discusses the basis for and concepts of implementing performance based measures in financial regulation …
Persistent link: https://www.econbiz.de/10012844417
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
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
This paper investigates the impact of banking prudential regulation on sovereign risk. We show that prudential … regulation reduces sovereign risk and induces governments to spend more. As a result, countries with tight prudential regulation … have lower primary budget balances and accumulate more government debt over time. We find that prudential regulation …
Persistent link: https://www.econbiz.de/10014356478
The European Central Bank (ECB) took many measures to combat the eurozone’s rolling financial crisis. For providing desperately scarce dollars to eurozone banks, the ECB relied on the U.S. Federal Reserve. Using a novel econometric framework, we identify financial markets’ response to the...
Persistent link: https://www.econbiz.de/10012892183
We estimate a logit mixture vector autoregressive model describing monetary policy transmission in the euro area over the period 2003Q1–2019Q4 with a special emphasis on credit conditions. With the help of this model, monetary policy transmission can be described as mixture of two states...
Persistent link: https://www.econbiz.de/10013314851