Watch What They Do, Not What They Say : Estimating Regulatory Costs from Revealed Preferences /

We show that distortion in the size distribution of banks around regulatory thresholds can be used to identify costs of bank regulation. We build a structural model in which banks can strategically bunch their assets below regulatory thresholds to avoid regulations. The resulting distortion in the s...

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Bibliografiske detaljer
Hovedforfatter: Alvero, Adrien
Andre forfattere: Ando, Sakai, Xiao, Kairong
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2022.
Serier:IMF Working Papers; Working Paper ; No. 2022/041
Fag:
Online adgang:Full text available on IMF

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