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 …

-prudential tools by focusing on institutions, financial structure, and banking sector regulations. We find strong evidence indicating …

This study assesses how effective governance institutions and de jure financial openness influence the attitude of … 2018. Our results show that effective governance institutions are associated with a less restrictive regulatory stance on …