Have more strictly regulated banking systems fared better during the recent financial crisis?

Rudiger Ahrend, Jens Arnold () and Fabrice Murtin

MPRA Paper from University Library of Munich, Germany

Abstract: We assess whether during the recent financial crisis banking systems in countries with more stringent prudential banking regulation have proved more stable. We find indicators of regulatory strength to be relatively well correlated with the extent to which countries have escaped damage during the recent crisis, as measured either by the degree of equity value destruction in the banking sector or by the fiscal cost of financial sector rescue.

Keywords: Prudential regulation; banking; stability; financial crisis; crisis cost; banking sector bail-out; banking share prices. (search for similar items in EconPapers)
JEL-codes: G01 G21 G28 (search for similar items in EconPapers)
Date: 2009-12-20
New Economics Papers: this item is included in nep-ban, nep-mic, nep-reg and nep-rmg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Have more strictly regulated banking systems fared better during the recent financial crisis? (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:20135

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