• Out-of-Stock

Do Regulatory and Supervisory Reforms Affect European Bank Stability: Further Evidence from Panel Data [extrait BMI 141]

Author :
€47.39
Quantity
Add to wishlist
Out-of-Stock

Version numérique PDF

This paper investigates the impact of regulatory and supervisory reforms on the risk-taking by European banks in the context of the subprime crisis. To this end, we employed data for six European countries (France, Germany, the UK, Spain, Italy and Greece) over the period 2005-2011, applying the Generalized Method of Moments (GMM). Our investigation pointed to three interesting findings. First, in France, Germany and the UK, supervisory power appears to boost banking stability (reduce bank?s risk-taking), while restrictions on banking activities, deposit insurance and capital adequacy encourage risky behavior, confirming the view that a strongly regulated institutional environment encourages risk-taking. Second, tightening regulations and supervision appears to weaken banking stability in Italy,Greece and Spain as, with more supervisory power, the largest banks tend to take greater risks. Third, the strongly regulated institutional environment enhances financial stability in Europe, while European banks with a higher rate of asset growth tend to have higher risk appetite.Keywords: European banks, Banking Supervision; Risk-taking; Dynamic Panel.JEL Codes: G21; G28; G32; C23.

Auteurs :Ben Ameur Hachmi
Extrait de la revue BMI 141

BMI141-1126596
New

16 other products in the same category:

Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock
  • Risk-Based and Factor Investing
  • Expected Credit Loss vs. Credit Value Adjustment: A Comparative Analysis
  • Analyst Earnings Forecasts, Individual Investors’ Expectations and Trading Volume
  • Changing Dynamic Relationships between Stock and Bond Markets in Crises
  • Do Regulatory and Supervisory Reforms Affect European Bank Stability
Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

Articles

  • How Risky are Low-Risk Hedge Funds?
  • Hedge Funds Managerial Skill Revisited: A Quantile Regression Approach
  • Multi-Asset Seasonality and Trend-Following Strategies
  • New Insight on the Performance of Equity Long/short Investment Styles

  • Editorial
Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

Articles

  • Relationships between Trading Volume, Stock Returns and Volatility: Evidence from the French Stock Market
  • Violating United Nations Global Compact Principles: An Event Study
  • Investigating a Fund Return Distribution when the Value of the Fund under Management is Irregularly Observed
  • Intergenerational Risk Trading and the Innovative Role of Equity- Wage Swaps
This website uses cookies to ensure you get the best experience on our website