because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy … benefits. Contrary to claims in the literature that “equity is expensive” and that regulation requiring more equity in the … funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the …

it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy that …. Contrary to claims in the literature that "equity is expensive" and that regulation requiring more equity in the funding mix … entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …

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 …

analysis is relevant to the debate on bank capital regulation, and complements Admati et al. (2010). In that paper we argued … for assessing regulation. Other arguments made to support claims that "equity is expensive" are flawed. Like reduction in … subsidies, the effects of leverage reduction on bank managers or shareholders do not represent a social cost. In fact, we show …

to discipline bank managers who would otherwise make suboptimal or wasteful investment decisions. We propose a way to …

In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the …

We develop a dynamic structural model of bank behaviour that provides a microeconomic foundation for bank capital and …

This paper offers a critical survey of the swings in banking regulation, notably with reference to leverage and risk …

the literature. The second section evaluates the different drivers of the bank capital regulation …

In this chapter, our goal is to discuss whether and how bank lobbying in the United States leads to regulatory capture …. First, we provide an overview of the importance of and motivations behind bank lobbying. Second, we examine the impact of … lobbying on banking regulation and supervision by reviewing recent empirical evidence. Third, we discuss the effect of the …