Liadze, Iana; Barrell, Ray; Davis, Professor E. Philip - National Institute of Economic and Social Research - 2010
Abstract: Policy proposals on the new international standards for bank capital and liquidity are being debated without any methodical evaluation of their effects on both crisis probabilities and concurrent social costs. Using data for 14 OECD economies for the years 1980 Ã 2007, we conduct a...