Capital Regulation, Liquidity Requirements and Taxation in a Dynamic Model of Banking /
This paper studies the impact of bank regulation and taxation in a dynamic model with banks exposed to credit and liquidity risk. We find an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare, with their benefits turning into costs beyond a certain...
Autore principale: | |
---|---|
Altri autori: | , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2012.
|
Serie: | IMF Working Papers; Working Paper ;
No. 2012/072 |
Accesso online: | Full text available on IMF |