Regulatory arbitrage in action: evidence from banking flows and macroprudential policy

122 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Effective Macroprudential Policy: Cross‐Sector Substitution from Price and Quantity Measures (2016, unknown): “…prices (e.g., Morgan, Regis, and Salike 2015, Cerutti, Claessens, and Laeven 2017, Akinci and Olmstead-Rumsey 2018), and whether measures “leak” through foreign banks (Aiyar, Calomiris, and Wieladek 2014, Reinhardt and Sowerbutts 2015, Frost, van Horen, and de Haan 2017, Cerutti and Zhou 2018).”
Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network (2016, background): “Reinhardt and Sowerbutts (2015) construct a database of macroprudential instruments for sixty countries and find that countries increase aggregate borrowing from abroad after an increase in capital requirements but not after an increase in lending standards, attributing these outcomes to the…”
Macroprudential policy and bank systemic risk (2020, unknown): “Reinhardt and Sowerbutts (2015) examine the effects of macroprudential regulations on international banking flows.”