Risk-Taking and Solvency Regulation in Banking – A Note – In a dynamic setting intertemporal effects can arise that render capital rules in banking as advocated by the Basel Committee of Banking Supervision counterproductive. It is quite possible that the banks' desire for excessive...

This paper is making an attempt to examine the long-run relationship between the key labor market parameters employment, aggregate output, real product wages and laboraugmenting technical progress for a sample of 21 OECD countries covering the period from 1970 to 2000. We apply a new panel error...