Over the past two decades, there has been a clear trend toward integrating the regulation and supervision of banks … international standards to assess the validity of some of these arguments. We find that (i) full integration is associated with …

The paper analyzes the quality of financial sector regulation and supervision around the globe. Unlike studies that … collect and analyze data on regulation and supervision ""on the books,"" this study also analyzes available information on … supervisory implementation, making use of data from IMF-World Bank assessments of compliance with international standards and …

bank regulation. We build a structural model in which banks can strategically bunch their assets below regulatory … thresholds to avoid regulations. The resulting distortion in the size distribution of banks reveals the magnitude of regulatory …

Sector-specific macroprudential regulations increase the riskiness of credit to other sectors. Using firm-level data … will be less important at this stage. Further evidence from bank lending standards surveys suggests that the leakage …

This paper describes how behavioral elements are relevant to financial supervision, regulation, and central banking. It …