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 …

We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where …

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 …

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 …

materialize. Financial regulation encouraging the decarbonization of the banks' balance sheets via tax-subsidy schemes …

Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing …

prefer regulatory risk and these preferences may contradict both the firm's and consumers'. -- optimal incentive regulation …The paper provides a tractable, analytical framework to study regulatory risk. Regulatory risk is captured by … funds. Results are as follows: 1) The regulator's reaction to regulatory risk depends on the curvature of aggregate demand …

are needed to implement pre-electoral agreements. -- regulation ; regulatory risk ; political economy ; electoral …This paper investigates political uncertainty as a source of regulatory risk. It shows that political parties have … incentives to reduce regulatory risk actively: Mutually beneficial pre-electoral agreements that reduce regulatory risk always …

We consider environmental regulation in a context where firms invest in abatement technology under conditions of … taxes ; subsidies ; regulation …