Banking risk and regulation: Does one size fit all?

被引:162
|
作者
Klomp, Jeroen [3 ]
de Haan, Jakob [1 ,2 ]
机构
[1] Nederlandsche Bank, POB 98, NL-1000 AB Amsterdam, Netherlands
[2] Univ Groningen, NL-9700 AB Groningen, Netherlands
[3] Wageningen Univ, Social Sci Grp, NL-6700 EW Wageningen, Netherlands
关键词
Financial soundness; Bank regulation and supervision; Banking risk; Quantile regression; BASEL CORE PRINCIPLES; QUANTILE REGRESSION; CRISES; SUPERVISION; INFERENCE; GROWTH; SYSTEM; NUMBER; IMPACT;
D O I
10.1016/j.jbankfin.2011.10.006
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Using data for more than 200 banks from 21 OECD countries for the period 2002-2008, we examine the impact of bank regulation and supervision on banking risk using quantile regressions. In contrast to most previous research, we find that banking regulation and supervision has an effect on the risks of high-risk banks. However, most measures for bank regulation and supervision do not have a significant effect on low-risk banks. As banking risk and bank regulation and supervision are multi-faceted concepts, our measures for both concepts are constructed using factor analysis. (C) 2011 Published by Elsevier B.V.
引用
收藏
页码:3197 / 3212
页数:16
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