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Persistent link: https://www.econbiz.de/10009419817
bank regulation. We build a structural model in which banks can strategically bunch their assets below regulatory … costs. Using U.S. bank data, we estimate the regulatory costs imposed by the Dodd-Frank Act. Although the estimated …
Persistent link: https://www.econbiz.de/10013170059
conditions, and the regulatory environment. We use this model to simulate bank credit losses for stress-testing purposes and to … that can be made to capture country-specific institutional features. The model uses bank portfolio data broken down by risk …
Persistent link: https://www.econbiz.de/10012301885
While deregulated financial markets and strong competition are commonly viewed as prerequisites for successful economic development, recent empirical evidence suggests that financial liberalization, if not well phased, can lead to costly financial crises. This paper focuses on the roles of...
Persistent link: https://www.econbiz.de/10014400696
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
Concerns about excessive variability in bank risk weights have prompted their review by regulators. This paper provides …
Persistent link: https://www.econbiz.de/10011704870
This paper argues that in the European Union (EU) deposit insurance funds are too difficult to use in bank resolution … and too easy to use outside resolution. The paper proposes reforms in three areas for the effective management of bank …
Persistent link: https://www.econbiz.de/10013170606
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 …
Persistent link: https://www.econbiz.de/10012103556
Persistent link: https://www.econbiz.de/10011281183
Developing economies can strengthen their financial systems by implementing the main elements of global regulatory reform. But to build an effective prudential framework, they may need to adapt international standards taking into account the sophistication and size of their financial...
Persistent link: https://www.econbiz.de/10012102040