Showing 1 - 10 of 14,333
This paper examines the impact of regulatory reform on TFP growth and its sources and on the relationship between ownership and cost efficiency for Indian banks in 1992-2004. The methodology consists of the joint use of parametric and non-parametric techniques to estimate efficiency frontiers....
Persistent link: https://www.econbiz.de/10013155302
We propose a spatial competition model to study banks’ strategic responses to the asymmetric Spanish geographic deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks are optimal whenever the economies of scale...
Persistent link: https://www.econbiz.de/10009355559
The main objective of this paper is to suggest reform measures to address the gaps and weaknesses in emerging Asia's financial regulatory and supervisory systems, on the basis of lessons drawn from the global crisis. For emerging Asia, the direct impact of the global financial crisis has been...
Persistent link: https://www.econbiz.de/10011283456
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012030889
Atlantic. We show that the regulation of bankers' pay is presently more detailed and less flexible in Europe than in the US …
Persistent link: https://www.econbiz.de/10013091649
An extensive review of the evidence related to the 2007-09 crisis reveals that it was an insolvency risk crisis, not a liquidity crisis. The appropriate post-crisis regulatory reform should therefore focus on increasing capital requirements. The Basel III liquidity requirements do not serve a...
Persistent link: https://www.econbiz.de/10012929698
This paper investigates if, and to what extent, banking structural reforms and the process of privatization may affect the top income shares over time. We focus on the case of Canada and Italy, which both undertook a major change within their banking sector in the early 1990s. Their banking...
Persistent link: https://www.econbiz.de/10013252094
of a financial crisis: 1) Regulation creates two categories of financial institutions. The first class faces greater … subsidized funds to make riskier investments (including investments in the second class) without regulation compensating for …, which led to a 1990 bank crisis. The model also provides a framework for scholars to examine whether deregulation in the …
Persistent link: https://www.econbiz.de/10013148106
This paper reviews the cost-benefit analysis, or "regulatory impact analysis" (RIA), in U.S. bank regulators' risk …. We evaluate 25 proposed RBC rules and related rules on bank liquidity. We find that eight of the 25 rules include RIAs …
Persistent link: https://www.econbiz.de/10014093757
removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …
Persistent link: https://www.econbiz.de/10010227307