Supervisory Incentives in a Banking Union
Published Online:8 May 2020https://doi.org/10.1287/mnsc.2019.3448
References
- (2003) Is the international convergence of capital adequacy regulation desirable? J. Finance 58(6):2745–2781.Crossref, Google Scholar
- (2014) Inconsistent regulators: Evidence from banking. Quart. J. Econom. 129(2):889–938.Crossref, Google Scholar
- (1997) Formal and real authority in organizations. J. Political Econom. 105(1):1–29.Crossref, Google Scholar
- (2011) Credit market competition and capital regulation. Rev. Financial Stud. 24(4):983–1018.Crossref, Google Scholar
- (2015) Deposits and bank capital structure. J. Financial Econom. 118(3):601–619.Crossref, Google Scholar
- (2013) Bank regulation and supervision in 180 countries from 1999 to 2011. J. Financial Economic Policy 5(2):111–219.Google Scholar
- Basel Committee on Banking Supervision (2010) Report and recommendations of the Cross-border Bank Resolution Group. Report, Bank for International Settlement, Basel, Switzerland.Google Scholar
- (2016) Supranational supervision: How much and for whom? Internat. J. Central Banking 12(2):221–268.Google Scholar
- (2013) Supervising cross-border banks: Theory, evidence and policy. Econom. Policy 28(73):5–44.Crossref, Google Scholar
- (2017) The limits of model-based regulation. ECB Working Paper No. 1928, European Central Bank, Frankfurt, Germany.Google Scholar
- (2006) Challenges to the dual banking system: The funding of bank supervision. FDIC Banking Rev. 18(1):1–20.Google Scholar
- (2019) Bank resolution and the structure of global banks. Rev. Financial Stud. 32(6):2384–2421.Crossref, Google Scholar
- (2006) Risk in financial reporting: Status, challenges and suggested directions. BIS Working Paper 213, Bank for International Settlements, Basel, Switzerland.Google Scholar
- (1998) Why higher takeover premia protect minority shareholders. J. Political Econom. 106(1):172–204.Crossref, Google Scholar
- (2011) Regulation of multinational banks: A theoretical inquiry. J. Financial Intermediation 20(2):178–198.Crossref, Google Scholar
- (2019) Multinational banks and supranational supervision. Rev. Financial Stud. 32(8):2997–3035.Google Scholar
- (2020) Optimal supervisory architecture and financial integration in a banking union. Rev. Finance 24(1):129–161.Google Scholar
- (2006) Competition among regulators and credit market integration. J. Financial Econom. 79(2):401–430.Crossref, Google Scholar
- (2017) Supervising large, complex financial institutions: What do supervisors do? Econom. Policy Rev. 23(1):57–77.Google Scholar
- (2017) The unintended consequences of the single-supervisory mechanism launch in Europe. J. Financial Quant. Anal. 52(6):1–27.Crossref, Google Scholar
- (2016) Parsing the content of bank supervision. Federal Reserve Bank of New York Staff Report 770, Federal Reserve Bank of New York, New York.Google Scholar
- (2017) Hub-and-spoke regulation and bank leverage. Working paper, Indiana University, Bloomington.Google Scholar
- (2013) A banking union for the euro area. IMF Staff Discussion Note 13/1, International Monetary Fund, Washington, DC.Google Scholar
- (2000) Liberalization, moral hazard in banking, and prudential regulation: Are capital requirements enough? Amer. Econom. Rev. 90(1):147–165.Crossref, Google Scholar
- (2004) Cooperation in international banking supervision. ECB Working Paper 316, European Central Bank, Frankfurt, Germany.Google Scholar
- International Monetary Fund (IMF) (2010) Resolution of cross-border banks—A proposed framework for enhanced coordination. Report, International Monetary Fund, Washington, DC.Google Scholar
- (1990) Principal-agent problems in S&L salvage. J. Finance 45(3):755–764.Crossref, Google Scholar
- (2000) Ethical foundations of financial regulation. J. Financial Service Res. 12(1):51–74.Crossref, Google Scholar
- (2015) The costs of closing failed banks: A structural estimation of regulatory incentives. Rev. Financial Stud. 28(4):1060–1102.Crossref, Google Scholar
- (2017) Funding and incentives of regulators: Evidence from banking. Working paper, Analysis Group, Boston.Google Scholar
- (1977) Rules rather than discretion: The inconsistency of optimal plans. J. Political Econom. 85(3):473–492.Crossref, Google Scholar
- (1994) A positive analysis of bank closure. J. Financial Intermediation 3(3):272–299.Crossref, Google Scholar
- (2014) The manipulation of Basel risk-weights. J. Financial Intermediation 23(3):300–321.Crossref, Google Scholar
- (2000) Imperfect competition, risk taking, and regulation in banking. Eur. Econom. Rev. 44(1):1–34.Crossref, Google Scholar
- (2009) Level playing field in international financial regulation. J. Finance 64(3):1099–1142.Crossref, Google Scholar
- (2013) Reputational contagion and optimal regulatory forbearance. J. Financial Econom. 110(3):642–658.Crossref, Google Scholar
- (2004) Capital requirements, market power, and risk-taking in banking. J. Financial Intermediation 13(2):156–182.Crossref, Google Scholar
- (2017) Hierarchical bank supervision. SERIEs, 9(1):1–26.Google Scholar
- (2018) Bank resolution and public backstop in an asymmetric banking union. ESRB Working Paper 83, European Systemic Risk Board, Frankfurt, Germany.Google Scholar
- (2018) The Fed, the bond market, and gradualism in monetary policy. J. Finance 73(3):1015–1060.Crossref, Google Scholar
- (1971) The theory of economic regulation. Bell J. Econom. Management Sci. 2(1):3–21.Crossref, Google Scholar
- (2009) Financial regulation in the wake of the crisis. Remarks to the Peterson Institute for International Economics, June 8, Board of Governors of the Federal System, Washington, DC.Google Scholar
- (2020) Rules versus discretion in bank resolution. Rev. Financial Stud., ePub ahead of print, March 12, https://doi.org/10.1093/rfs/hhaa032.Google Scholar

