This paper provides the first empirical evidence that bank regulation is associated with cross-border spillover effects … of host-country regulation …

central bank collateral framework and regulation determine jointly the ability of the banking system to deliver maturity …

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

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 …

In this paper we examine the quantitative effects of margin regulation on volatility in asset markets. We consider a … of collateral constraints leads to strong excess volatility. Thus, a regulation of margin requirements may have … stabilizing effects. However, in line with the empirical evidence on margin regulation in U.S. stock markets, we show that changes …

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 …