Dimensions of bank capital regulation: A cross-country analysis
This paper identifies the main dimensions of capital regulation. We use survey data from 142 countries from the World Bank’s (2013) database covering various aspects of bank regulation. Using multiple explorative factor analysis, we identify two main dimensions of capital regulation: comple...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Economists' Association of Vojvodina
2014-01-01
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| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1404415M.pdf |
| Summary: | This paper identifies the main dimensions of capital regulation. We use
survey data from 142 countries from the World Bank’s (2013) database covering
various aspects of bank regulation. Using multiple explorative factor
analysis, we identify two main dimensions of capital regulation: complexity
of capital regulation and stringency of capital regulation. We show that even
countries with a common legal and regulatory framework differ substantially
in terms of capital regulation. For example, the level of stringency of
capital regulation varies substantially across the EU countries, potentially
distorting the level playing field. |
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| ISSN: | 1452-595X 2217-2386 |