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
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: G28 G01 G21 (search for similar items in EconPapers)
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 (1) Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/20135/1/MPRA_paper_20135.pdf original version (application/pdf)
Journal Article: Have more strictly regulated banking systems fared better during the recent financial crisis? (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:20135
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany
Address: Schackstr. 4, D-80539 Munich, Germany
Contact information at EDIRC.
Series data maintained by Ekkehart Schlicht ().