Showing 1 - 10 of 2,210
In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which...
Persistent link: https://www.econbiz.de/10012103556
This paper examines the relationship between financial regulation and the current account in an intertemporal model of … the current account where financial regulation affects the current account through liquidity constraints. Greater … liquidity constraints decrease the size and persistence of the current account response to a net output shock. The theory is …
Persistent link: https://www.econbiz.de/10014396600
Persistent link: https://www.econbiz.de/10012487179
This paper assesses whether and how financial development triggers the occurrence of banking crises. It builds on a database that includes financial development as well as financial access, depth and efficiency for almost 100 countries. Through estimation of a dynamic logit panel model, it...
Persistent link: https://www.econbiz.de/10012021789
This paper describes how behavioral elements are relevant to financial supervision, regulation, and central banking. It …
Persistent link: https://www.econbiz.de/10011905870
The use of collateral has become one of the most widespread risk mitigation techniques. While it brings stabilizing effects to the individual lender we argue that it may exacerbate systemic risk through margin call activation. We show how a liquidity shock to the cash lender may propagate as a...
Persistent link: https://www.econbiz.de/10014397334
This study assesses the overall impact on credit of the financial regulatory reforms in Europe, Japan, and the United States. Long-term cost estimates are provided for Basel III capital and liquidity requirements, derivatives reforms, and higher taxes and fees. Overall, average lending rates in...
Persistent link: https://www.econbiz.de/10014395668
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 …
Persistent link: https://www.econbiz.de/10014401329
the regulation and supervision of capital markets …
Persistent link: https://www.econbiz.de/10014401669
This paper compares the current regulatory capital requirements under the Dodd-Frank Act (DFA) and the 10-percent leverage ratio, as proposed by the U.S. Treasury and the U.S. House of Representatives' Financial CHOICE Act (FCA). We find that the majority of U.S. banks would not qualify for an...
Persistent link: https://www.econbiz.de/10011799690