Hogan, Thomas L. - In: Journal of Risk and Financial Management 14 (2021) 1, pp. 1-29
This paper reviews the cost-benefit analysis, or 'regulatory impact analysis' (RIA), in US bank regulators' risk-based capital (RBC) rule proposals. We review the principles of cost-benefit analysis and its application by US bank regulators. We provide a brief background on RBC rules and review...