paradigms, from the New Deal regulatory model that limited price competition and channeled credit to socially useful purposes … regulated competition that would be suited to a financial environment that is increasingly globalized. Any restoration of …

Minimum capital requirement regulation forces banks to refund a substantial amount of their investments with equity … higher loan interest rates, then borrowers are likely to become more risky, which may destabilize the lending bank. This … paper argues that, in addition to the buffer and cost effect of capital regulation, there is a strategic effect. A binding …

III rules, thus suggesting a "race to the top" in capital standards. We study regulatory competition when banks are … coordinated ones when governments care equally about bank profits, taxpayers, and consumers. …

The OECD Competition Committee debated retail banking in October 2006. This document includes an executive summary and …

deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … tries to shed some light on the historical development and current state of bank regulation in Germany. In so doing, it … tries to embed the analysis of bank regulation in a more general industrial organization framework. For every regulated …

informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …