Impact of Financial Regulations: Insights from an Online Repository of Studies

16 Pages Posted: 7 Mar 2019

See all articles by Frédéric Boissay

Frédéric Boissay

Bank for International Settlements (BIS)

Carlos Cantú

Bank for International Settlements (BIS) - Representative Office for the Americas

Stijn Claessens

Bank for International Settlements (BIS)

Alan Villegas

Bank for International Settlements (BIS)

Date Written: March 5, 2019

Abstract

The BIS is launching a public, online and interactive repository of studies on the effects of financial regulations, called FRAME. The purpose of this repository is to keep track of, organise, standardise and disseminate the latest findings. FRAME currently covers 83 studies and 139 quantitative impact estimates from 15 countries or groups of countries, offering a new and comprehensive perspective on what the literature has been able to document to date, and where gaps exist. We observe a high degree of heterogeneity across impact estimates, notably in terms of the effects of capital regulation on loan growth: while on average the estimated effect is that more capital leads to more lending, there are large differences across studies. A meta-analysis shows that an important driver of these differences is whether the underlying study incorporates second-round effects.

JEL Classification: E44, G21, G28

Suggested Citation

Boissay, Frédéric and Cantú García, Carlos and Claessens, Stijn and Villegas, Alan, Impact of Financial Regulations: Insights from an Online Repository of Studies (March 5, 2019). BIS Quarterly Review, March 2019. Available at SSRN: https://ssrn.com/abstract=3348188

Frédéric Boissay (Contact Author)

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Carlos Cantú García

Bank for International Settlements (BIS) - Representative Office for the Americas ( email )

Switzerland

Stijn Claessens

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
CH-4002 Basel
Switzerland

Alan Villegas

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Register to save articles to
your library

Register

Paper statistics

Downloads
39
Abstract Views
218
PlumX Metrics