Arbeitspapier

Banking Regulation and Systemic Risk

The term Systemic Risk belongs to the standard rhetoric of economic policy discussions related to the banking industry. Besides of the goal of protecting small depositors control of systemic risk is given as one of the main arguments for banking regulation. Various recent financial crises have increasingly focussed the regulatory debate on issues of systemic risk and financial stability. In this paper, however, we argue that there is no generally accepted definition of systemic risk and the effectiveness and the economic consequences of various instruments of banking regulation that are intended to attenuate it are still only partially understood both theoretically and empirically. Furthermore we discuss some of the issues raised in this debate by reviewing recent contributions to the academic literature.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 57

Klassifikation
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Regulated Industries and Administrative Law
Economics of Regulation
Central Banks and Their Policies
Thema
Banking Regulation
Systemic Risk
Banking Crises

Ereignis
Geistige Schöpfung
(wer)
Summer, Martin
Ereignis
Veröffentlichung
(wer)
Oesterreichische Nationalbank (OeNB)
(wo)
Vienna
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Summer, Martin
  • Oesterreichische Nationalbank (OeNB)

Entstanden

  • 2002

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