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 …

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 … effects on the current account. In particular we find that easing bank entry barriers is negatively associated with the …

Banking regulation invites banks to gamble when buying government bonds that regulators consider to be risk-free. The … regulation in order to enhance their fiscal leeway. We examine an unintended side-effect of banking regulation, namely the zero … area periphery countries to a restrictive macroprudential capital regulation shock. We find that, unlike in the US, euro …

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

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

restrictions upon foreign bank entry and foreign ownership have been affectively abolished. Using Data Envelopment Analysis (DEA … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency … seems to have increased post-deregulation and the competition resulting from diversity in bank types was important to prompt …

profit shifting channels different from those of other firms. We propose a novel and bank-specific method of profit shifting … bank, we show that a one percentage point lower corporate tax rate increases banks'fixed-income trading assets by 4.0% and …

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