| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15447 |
| 来源ID | Working Paper 15447 |
| Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU | |
| Santiago Carbo-Valverde; Edward J. Kane; Francisco Rodriguez-Fernandez | |
| 发表日期 | 2009-10-22 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Banks are in the business of taking calculated risks. Expanding the geographic footprint of an organization's profit-making activities changes the geographic pattern of its exposure to loss in ways that are hard for regulators and supervisors to observe. This paper tests and confirms the hypothesis that differences in the character of safety-net benefits that are available to banks in individual EU countries help to explain the nature of cross-border merger activity. If they wish to protect taxpayers from potentially destabilizing regulatory arbitrage, central bankers need to develop statistical procedures for assessing supervisory strength and weakness in partner countries. We believe that the methods and models used here can help in this task. |
| 主题 | International Economics ; International Finance ; Financial Economics ; Financial Institutions ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w15447 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573123 |
| 推荐引用方式 GB/T 7714 | Santiago Carbo-Valverde,Edward J. Kane,Francisco Rodriguez-Fernandez. Evidence of Regulatory Arbitrage in Cross-Border Mergers of Banks in the EU. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w15447.pdf（196KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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