We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where …

We study the political economy of bank capital regulation from a positive and normative perspective. In a general … politicians. We show that bankers and politicians agree on lobbying contributions and capital regulation that renders banks … capital regulation standards from international agreements eliminate lobbying incentives, yielding an efficient and fair …

This paper examines capital adequacy regulation in Germany. After a short overview about financial regulation in … Germany in general, the paper focuses on the most important development in the area of capital adequacy regulation from the … models for financial regulation is problematic. Finally, some suggestions of how the problems could be addressed are given. …

to promote bank soundness and sustained lending over the cycle. First, some evidence on bank dividends and earnings in … generates bank equity and credit supply volatility. Then, a DSGE model with key financial frictions and a banking sector is … by means of less volatile bank retained earnings, (ii) they induce welfare gains associated to a Basel III-type of …

regulation. Therefore, countries are better off by harmonising regulation on an international standard. -- bank regulation …We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and … ; regulatory competition ; supervision and capital requirements …

system of capital regulation that addresses these needs by making changes to all three pillars of bank regulation: only …Despite revisions to bank capital standards, fundamental shortcomings remain: the rules for setting capital …

bank's solvency position: Low solvency banks report values of Tier 1 regulatory capital that exceed book equity. These …. The decreasing relationship between regulatory adjustments and bank solvency reflects the cost of deleveraging, a cost …

Bank regulators interfere with the efficient allocation of resources for the sake of financial stability. Based on this …

regulation, recovery and resolution, and risk culture. …

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 …