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Bank's (2013) database covering various aspects of bank regulation. Using multiple explorative factor analysis, we identify …This paper identifies the main dimensions of capital regulation. We use survey data from 142 countries from the World … two main dimensions of capital regulation: complexity of capital regulation and stringency of capital regulation. We show …
Persistent link: https://www.econbiz.de/10013053245
An important question in banking is how strict supervision affects bank lending and in turn local business activity … the thrift regulator (OTS) to analyze economic links between strict supervision, bank lending and business activity. We … capital but can also correct deficiencies in bank management and lending practices, leading to more lending and a reallocation …
Persistent link: https://www.econbiz.de/10012668203
Purpose - The need for robust governance standards in financial institutions requires no overemphasis. However, instances of governance failures have been a recurring global phenomenon. This paper examines the key elements of governance in financial institutions, evaluates reasons for failures...
Persistent link: https://www.econbiz.de/10014449757
This paper deals with both system-wide and banks' internal stress tests. For system-wide stress tests it describes the evolution over time, compares the stress test design in major jurisdictions, and discusses academic research. System-wide stress tests have gained in importance and nowadays...
Persistent link: https://www.econbiz.de/10012534563
regulation, recovery and resolution, and risk culture. …
Persistent link: https://www.econbiz.de/10011554963
While conventional wisdom suggests that financial supervision is costly for bank shareholders, agency theory suggests … decrease in off-site surveillance by the US Federal Reserve, and I find that reduced surveillance leads to a 1% loss in bank …
Persistent link: https://www.econbiz.de/10013229461
This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds …. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking … the accommodation of cross-border capital flows and their regulation necessarily require an orchestration of the …
Persistent link: https://www.econbiz.de/10010372581
In this paper, we examine recent developments and new perspectives of European banking regulation from the viewpoint of …. Third, European harmonization was largely built along the model of the (stand-alone) cross-border bank mainly operating …
Persistent link: https://www.econbiz.de/10013144266
Persistent link: https://www.econbiz.de/10013140086
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