Pellegrina, L. Dalla; Masciandaro, D.; Pansini, R. - In: European Journal of Law and Economics 38 (2014) 2, pp. 279-315
We investigate the effect that exchange rate regimes have on the degree of central bank involvement in banking … supervision. Using both de jure and de facto exchange rate regimes, we find that, conditional on several other factors affecting … for possible endogeneity. Results suggest that exchange rate regime features can mitigate the trade offs that political …