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

reforms affect R&D investment and patent activity. First, a “micro” reform that abolishes barriers to entry in the banking …. Second, a “macro” reform that removes restrictions on banks’ reserves and credit controls. While this reform increases …

has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation …From the onset of the 2007-2009 crisis, the Federal Reserve and the European Central Bank have aggressively lowered … procyclical capital regulation …

The investment fund sector, the largest component of the non-bank financial system, is growing rapidly and the economy …. Funds invest in corporate bonds and may hold liquidity in the form of bank deposits to meet investor redemption requests …. Without regulation, funds hold insufficient deposits and must sell bonds when hit by large redemptions. Bond liquidation is …

The paper shows that mispriced deposit insurance and capital regulation were of second order importance in determining … deposits towards non-deposit liabilities. We find that unobserved time-invariant bank fixed effects are ultimately the most … important determinant of banks' capital structures and that banks' leverage converges to bank specific, time invariant targets …

natural experiment to study the effects of reduced bank capital adequacy on productivity. Affected banks respond not only by …

the LRR is no longer the binding capital constraint on them. If the LRR is lower than the average bank's IRB requirement …

strength of the bank lending channel, recent evidence shows that bank-specific characteristics can have a large impact on the …

We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …