Macroprudential Bank Capital Regulation in a Competitive Financial System
نویسندگان
چکیده
منابع مشابه
Macroprudential Bank Capital Regulation in a Competitive Financial System∗
We propose a tractable general equilibrium framework to analyze the effectiveness of bank capital regulations when banks face competition from public markets. Our analysis shows that increased competition can not only render previously optimal bank capital regulations ineffective but also imply that, over some ranges, increases in capital requirements cause more banks to engage in value-destroy...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2467761