We survey 149 leading academic researchers on bank capital regulation. The median (average) respondent prefers a 10 … strongly an expert believes that higher capital requirements would increase the cost of bank lending. …

interconnectedness on the banks' failure probability can be alleviated if bank capital regulation is properly designed. This paper … supports the conclusion in Allen and Gale (2000) that a complete financial system in which each bank is connected to all the …

different levels of bank risk (measured by the distance to default), considering the possible specificities across business … raises the suspicion of regulatory arbitrage to a different extent across bank business models. Third, we explore whether …, and to what extent, the degree of regulatory arbitrage varies across bank business models. Our findings show that one of …

incentives, risk management models and procedures, conflicts of interest and bank strategies. Their perspectives are quite …