coordinated ones when governments care equally about bank profits, taxpayers, and consumers. …

supervision and regulation. When a MNB expands internationally with subsidiaries, the MNB operates under the legislation of … left to the national regulators. An important issue is whether the decentralized approach to regulation of MNBs creates … inefficiencies and financial instability. We show that lack of international coordination of regulation towards MNB …

rating agency and the bank corrupts rating quality, rating-independent regulation enhances welfare. The welfare benefits are …This paper models the strategic interaction between a rating agency, a bank and a bank regulator who lacks information … about bank asset risk. The regulator can either (1) make bank capital requirements contingent on credit ratings; or (2) set …

This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … in other "safe" countries will impose tighter regulation. As a result, governments in risky countries get to borrow more …

taxes on bank wages. As the corporate tax may be borne by labor, a natural question to ask is whether the economic incidence … of foreign-source bank income is almost fully passed through to higher interest margins charged abroad. The result may …

advantage. Countries specialising in bank dependent sectors favour the development of the banking sector. Simultaneously …. To empirically investigate our model's predictions, we construct a measure of sector bank dependence and establish a …

affects other countries by estimating cross-country tax and regulation elasticities. …

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 …

stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the …

Both global imbalances and financial market (de-)regulation feature prominently among the potential causes of the … investigate the relationship between financial market regulation and current account balances, an area for which limited empirical … effects on the current account. In particular we find that easing bank entry barriers is negatively associated with the …