Puławska, Karolina - In: Journal of banking and financial economics 19 (2023) 1, pp. 1-25
the Hungarian and German BLs implemented in 2010 and 2011, respectively, on the banks' risk-taking behavior. Our analysis … compares two completely different BL designs. The German BL is designed to increase as banks' total liabilities increase, while … the Hungarian BL is assessed on total assets. The results unambiguously demonstrate that a BL on assets increases banks …