economic discourse on systemic risk and banking regulation to better understand these changes and their timing. Further, we use … regulation prior to the crisis. By following a discourse analysis, we establish that the economic discourse on banking regulation … has not been suitable for providing the knowledge basis required for a dynamically reliable banking regulation, and we …

the effects of banking regulation on macroeconomic dynamics. In particular, we study the overall credit exposure and the … overall exposure for banking stability, even if both features are very important. We show that a too tight regulation is …

In this paper, we investigate how the introduction of complex, model-based capital regulation affected credit risk of … financial institutions. Model-based regulation was meant to enhance the stability of the financial sector by making capital … introduce the model-based approach. Counter to the stated objectives, the introduction of complex regulation adversely affected …