Microprudential Regulation in a Dynamic Model of Banking

Article, Preprint OPEN
Gianni De Nicolò; Andrea Gamba; Marcella Lucchetta;
(2013)
  • Journal: Review of Financial Studies,volume 27,issue 7,pages2,097-2,138
  • Related identifiers: doi: 10.1093/rfs/hhu022

This paper studies the quantitative impact of microprudential bank regulations on bank lending and value metrics of efficiency and welfare in a dynamic model of banks that are financed by debt and equity, undertake maturity transformation, are exposed to credit and liqu... View more
  • References (52)
    52 references, page 1 of 6

    Blum, J., 1999, Do Capital Adequacy Requirements Reduce Risks in Banking?, Journal of Banking and Finance 23, 755{771.

    Bolton, P., H. Chen, and N. Wang, 2011, A uni ed Theory of Tobin's Q, Corporate Investment, Financing and Risk Management, Journal of Finance 66, 1545{1578.

    Boot, A., 2000, Relationship Banking: What Do We Know?, Journal of Financial Intermediation 9, 7{25.

    Boyd, J., G. De Nicolo, and E. Loukoianova, 2010, Banking Crises and Crisis Dating: Theory and Evidence, Working paper, 3134 CESifo Working Paper.

    Boyd, J. H., and E. Prescott, 1986, Financial Intermediary Coalitions, Journal of Economic Theory 38, 211{232.

    Brunnermeier, M.K., A. Crockett, C.A. Goodhart, A. Persaud, and H.S. Shin, 2009, The Fundamental Principles of Financial Regulation. (CEPR London, UK).

    Burnside, C., 1999, Discrete State-space Methods for the Study of Dynamic Economies, in R. Marimon, and A. Scott, eds.: Computational Methods for the Study of Dynamic Economies (Oxford University Press, New York, NY ).

    Calem, P., and R. Rob, 1999, The Impact of Capital-Based Regulation on Bank Risk-Taking, Journal of Financial Intermediation 8, 317{352.

    Calomiris, C., F. Heider, and M. Horeova, 2012, A Theory of Bank Liquidity Requirements, Working Paper.

    Carter, D. A., and J. E. McNulty, 2005, Deregulation, Technological Change, and the Business{ Lending Performance of Large and Small Banks, Journal of Banking and Finance 29, 1113{ 1130.

  • Metrics
Share - Bookmark