2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and … the euro area and increased the euro area's resilience. Asian financial integration lags well behind Europe, and there is …

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 …

A framework for macroprudential regulation that defines systemic risk and macroprudential policy, describes … macroprudential tools, and surveys the effectiveness of existing macroprudential regulation. … FinancialCrises -- 7 Measuring Systemic Risk -- 8 Systemic Risk and Microprudential Regulation -- 9 Systemic Risk and Macroprudential …

This article explores the effect of delays in updating prudential regulation on countries' likelihood of experiencing … banking crises, and it disentangles the impact of different aspects of regulation on crisis onset. I argue that delays in … revising banks' prudential regulation allow banks to adopt risky behavior. This increases a country's vulnerability to systemic …