larger equity reserves would reduce the need for costly regulation. The proposed Financial Choice Act is a step in this …

system of capital regulation that addresses these needs by making changes to all three pillars of bank regulation: only …

We study the relative strengths and weaknesses of principles based and rules based systems of regulation. In the … make less dramatic changes, making principles based regulation less robust than rules based regulation. Firms prefer a …

In 2014 the Prudential Regulation Authority, Bank of England, was given a new secondary objective to facilitate … mitigating risk in the absence of good prudential regulation, and (iv) if prudential regulation is set at the same time that the …

Despite a heated debate on the perceived increasing complexity of financial regulation, there is no available measure … measures from the computer science literature by treating regulation like an algorithm - a fixed set of rules that determine … regulation of a bank in a theoretical model, to an algorithm computing capital requirements based on Basel I, and to actual …

the effects of banking regulation on macroeconomic dynamics. In particular, we study the overall credit exposure and the … overall exposure for banking stability, even if both features are very important. We show that a too tight regulation is …