countries, we find that: (i) competition-enhancing regulation is associated with a higher rate of firm churning; (ii) business … regulation can be indirectly associated, via its impact on business dynamism, with the somewhat weak productivity performance in …

We analyse the cross-border propagation of prudential regulation in the euro area. Using the Prudential Instruments …

has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation … procyclical capital regulation …

We analyze jointly optimal carbon pricing and leverage regulation in a model with financial constraints and endogenous … physical climate risks have a substantial impact on collateral values. Additionally introducing leverage regulation can be …

existing capital regulation by tackling this issue. Welfare-maximizing DPTs are effective (more than the CCyB) in smoothing the … to a Basel III-type of capital regulation through various channels …

This paper investigates the costs and benefi ts of liquidity regulation. We find that liquidity tools are bene ficial …

How to conduct macro-prudential regulation? How to coordinate monetary policy and macro-prudential policy? To address …

In this paper, we investigate how the introduction of sophisticated, model-based capital regulation affected the … measurement of credit risk by financial institutions. Model-based regulation was meant to enhance the stability of the financial … challenges that accompanies complex regulation are too high simpler rules may increase the efficacy of financial regulation …