We investigate whether banks in more heavily regulated markets are more likely to suffer from capital shortfall and thus contribute more to systemic (in)stability. Our cross-country empirical findings show that bank activity restriction, initial capital stringency and prompt corrective action...

Artificial intelligence (AI) is a technology which is increasingly being utilised in society and the economy worldwide, but there is much disquiet over problematic and dangerous implementations of AI, or indeed, even AI itself deciding to do dangerous and problematic actions. These developments...