comparator block in the Eastern Caribbean. Using bank-level data, we find that countries with a high level of operating costs, a … operating costs are associated with low measures of institutional quality and a small size of bank operations. We find support …

In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences … through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the …

The recent financial crisis highlighted the role of Bank Holding Companies (BHCs) in exacerbating the crisis and in … monetary policy and market innovations on bank behavior in the presence of Basel III type regulations. To our knowledge, this … trading business, and show that regulations that target bank governance can mitigate possible rogue trading and the over …

are only effective when bank executives' mobility is restricted. It also suggests, irrespective of the degree of labor … market mobility, bonus caps simultaneously reduce risk shifting by bank executives (too much risk taking because of limited … liability), but aggravate underinvestment (bank executives foregoing risky but productive projects). Hence, the welfare effects …

In this paper, we use a bank-level panel dataset to investigate the determinants of bank interest margins in the … extensions to assess the extent to which high spreads of banks in the CCA can be related to bank-specific variables, to … risk, bank size, bank diversification, banking sector competition, and macroeconomic policies; but the impact depends on …

Bank competition can induce excessive risk taking due to risk shifting. This paper tests this hypothesis using micro …

stable over the financial cycle, including post-crisis, and there isno clear evidence that aspects of bank business model …