Risk shifting and the allocation of capital: A Rationale for macroprudential regulation
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DOI: 10.1016/j.jbankfin.2020.105890
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- González, Francisco, 2022. "Macroprudential policies and bank competition: International bank-level evidence," Journal of Financial Stability, Elsevier, vol. 58(C).
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More about this item
Keywords
Macroprudential regulation; Risk taking; Pecuniary externalities; Misallocation;All these keywords.
JEL classification:
- D60 - Microeconomics - - Welfare Economics - - - General
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
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