Home > Research > Publications & Outputs > A Review of Empirical Research on the Design an...

Research

Links

Text available via DOI:

View graph of relations

A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Published

Standard

A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector. / Jakovljević, Sanja; Degryse, Hans ; Ongena, Steven.
In: Annual Review of Financial Economics, Vol. 7, 2015, p. 423-443.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Jakovljević, S, Degryse, H & Ongena, S 2015, 'A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector', Annual Review of Financial Economics, vol. 7, pp. 423-443. https://doi.org/10.1146/annurev-financial-111914-042024

APA

Jakovljević, S., Degryse, H., & Ongena, S. (2015). A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector. Annual Review of Financial Economics, 7, 423-443. https://doi.org/10.1146/annurev-financial-111914-042024

Vancouver

Jakovljević S, Degryse H, Ongena S. A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector. Annual Review of Financial Economics. 2015;7:423-443. doi: 10.1146/annurev-financial-111914-042024

Author

Jakovljević, Sanja ; Degryse, Hans ; Ongena, Steven. / A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector. In: Annual Review of Financial Economics. 2015 ; Vol. 7. pp. 423-443.

Bibtex

@article{4b8234c77f944c77aad1c379daafd6d8,
title = "A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector",
abstract = "We review existing empirical research on the design and impact of regulation in the banking sector. The impact of each individual piece of regulation may inexorably depend on the set of regulations already in place, the characteristics of the banks involved (from their size or ownership structure to operational idiosyncrasies in terms of capitalization levels or risk-taking behavior), and the institutional development of the country where the regulation is introduced. This complexity is challenging for the econometrician, who relies either on single-country data to identify challenges for regulation or on cross-country data to assess the overall effects of regulation. It is also troubling for the policy maker, who has to optimally design regulation to avoid any unintended consequences, especially those that vary over the credit cycle such as the currently developing macroprudential frameworks.",
author = "Sanja Jakovljevi{\'c} and Hans Degryse and Steven Ongena",
year = "2015",
doi = "10.1146/annurev-financial-111914-042024",
language = "English",
volume = "7",
pages = "423--443",
journal = "Annual Review of Financial Economics",
issn = "1941-1375",
publisher = "Annual Reviews Inc.",

}

RIS

TY - JOUR

T1 - A Review of Empirical Research on the Design and Impact of Regulation in the Banking Sector

AU - Jakovljević, Sanja

AU - Degryse, Hans

AU - Ongena, Steven

PY - 2015

Y1 - 2015

N2 - We review existing empirical research on the design and impact of regulation in the banking sector. The impact of each individual piece of regulation may inexorably depend on the set of regulations already in place, the characteristics of the banks involved (from their size or ownership structure to operational idiosyncrasies in terms of capitalization levels or risk-taking behavior), and the institutional development of the country where the regulation is introduced. This complexity is challenging for the econometrician, who relies either on single-country data to identify challenges for regulation or on cross-country data to assess the overall effects of regulation. It is also troubling for the policy maker, who has to optimally design regulation to avoid any unintended consequences, especially those that vary over the credit cycle such as the currently developing macroprudential frameworks.

AB - We review existing empirical research on the design and impact of regulation in the banking sector. The impact of each individual piece of regulation may inexorably depend on the set of regulations already in place, the characteristics of the banks involved (from their size or ownership structure to operational idiosyncrasies in terms of capitalization levels or risk-taking behavior), and the institutional development of the country where the regulation is introduced. This complexity is challenging for the econometrician, who relies either on single-country data to identify challenges for regulation or on cross-country data to assess the overall effects of regulation. It is also troubling for the policy maker, who has to optimally design regulation to avoid any unintended consequences, especially those that vary over the credit cycle such as the currently developing macroprudential frameworks.

U2 - 10.1146/annurev-financial-111914-042024

DO - 10.1146/annurev-financial-111914-042024

M3 - Journal article

VL - 7

SP - 423

EP - 443

JO - Annual Review of Financial Economics

JF - Annual Review of Financial Economics

SN - 1941-1375

ER -