regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

regulation, recovery and resolution, and risk culture. …

Prior to the financial crisis, prudential regulation in the EU was implemented non-uniformly across countries, as … framework were more likely to require public support during the crisis. We instrument some characteristics of bank balance … sheets with these prudential indicators to investigate how they affect bank resilience. The share of non-interest income …

sector fragility, bank stability, activity restrictions, capital regulation stringency, and banking supervision independence …This study utilizes new data across countries on bank supervision for the years 1999-2016 to examine the impact of …. We find that anincrease in supervisory power, accompanied by a change in a central bank’s involvement in banking …

inflation are lower in countries where the Central Bank, which conducts monetary policy, does not supervise the stability of the …

Business cycles imply liquidity risks for banks. This paper explores how these risks influence bank lending over the … cycle. With forward-looking banks, lending cycles, credit booms and busts, or suppressed and highly fragile bank systems can … unpleasant effects on bank lending. Imposing countercyclical capital adequacy ratio may amplify procyclicality or result in …