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...

Descripción completa

Detalles Bibliográficos
Autor principal: Alvero, Adrien
Otros Autores: Ando, Sakai, Xiao, Kairong
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2022.
Colección:IMF Working Papers; Working Paper ; No. 2022/041
Materias:
Acceso en línea:Full text available on IMF