Capital regulation, bank competition, and financial stability

被引：50

作者：

Hakenes, Hendrik ^{[1
,2
]}

Schnabel, Isabel ^{[2
,3
,4
]}

机构：

[1] Univ Bonn, D-53113 Bonn, Germany

[2] Max Planck Inst Res Collect Goods, Bonn, Germany

[3] Johannes Gutenberg Univ Mainz, Gutenberg Sch Management & Econ, D-55099 Mainz, Germany

[4] Ctr Econ Policy Res, London SW1Y 6LA, England

来源：

ECONOMICS LETTERS | 2011年 / 113卷 / 03期

关键词：

Bank competition; Capital regulation; Risk-shifting; Banking stability; MARKET POWER; RISK-TAKING; REQUIREMENTS;

D O I：

10.1016/j.econlet.2011.07.008

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We analyze capital requirements if banks compete for loans and deposits. Banks and firms are subject to a risk-shifting problem. The ambiguous effect of competition on banks' risk-taking translates into an ambiguous effect of capital requirements on financial stability. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：256 / 258

页数：3

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