Staff View: Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?

Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?

Motivated by the unprecedented high levels of recent economic policy uncertainty in Europe and the globe, this paper examines the relationship between economic policy uncertainty and bank stability, as well as the conditioning effects of bank regulation and supervision on this relationship. Using a...

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Bibliographic Details
Main Author:	Thanh Cong Nguyen
Format:	Bài trích
Language:	eng
Published:	Journal of International Financial Markets, Institutions and Money 2021
Subjects:	Economic policy uncertainty Bank stability Bank regulation and supervision
Online Access:	https://www.sciencedirect.com/science/article/abs/pii/S1042443121001062?via%3Dihub https://dlib.phenikaa-uni.edu.vn/handle/PNK/2855 https://doi.org/10.1016/j.intfin.2021.101387
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spelling	oai:localhost:PNK-28552022-08-17T05:54:48Z Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies? Thanh Cong Nguyen Economic policy uncertainty Bank stability Bank regulation and supervision Motivated by the unprecedented high levels of recent economic policy uncertainty in Europe and the globe, this paper examines the relationship between economic policy uncertainty and bank stability, as well as the conditioning effects of bank regulation and supervision on this relationship. Using a sample of more than 950 commercial banks in eight major European countries over the period 2005–2020, economic policy uncertainty has been consistently linked to a sharp decrease in bank stability, once other traditional drivers are controlled for. More importantly, this paper offers important insights into how strengthening bank regulation and supervision, particularly regulations on activity restrictions, capital stringency, official supervisory power, and private monitoring, cushions the adverse effects of policy uncertainty on bank stability. 2021-09-14T07:14:54Z 2021-09-14T07:14:54Z 2021 Bài trích https://www.sciencedirect.com/science/article/abs/pii/S1042443121001062?via%3Dihub https://dlib.phenikaa-uni.edu.vn/handle/PNK/2855 https://doi.org/10.1016/j.intfin.2021.101387 eng Journal of International Financial Markets, Institutions and Money
institution	Digital Phenikaa
collection	Digital Phenikaa
language	eng
topic	Economic policy uncertainty Bank stability Bank regulation and supervision
spellingShingle	Economic policy uncertainty Bank stability Bank regulation and supervision Thanh Cong Nguyen Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?
description	Motivated by the unprecedented high levels of recent economic policy uncertainty in Europe and the globe, this paper examines the relationship between economic policy uncertainty and bank stability, as well as the conditioning effects of bank regulation and supervision on this relationship. Using a sample of more than 950 commercial banks in eight major European countries over the period 2005–2020, economic policy uncertainty has been consistently linked to a sharp decrease in bank stability, once other traditional drivers are controlled for. More importantly, this paper offers important insights into how strengthening bank regulation and supervision, particularly regulations on activity restrictions, capital stringency, official supervisory power, and private monitoring, cushions the adverse effects of policy uncertainty on bank stability.
format	Bài trích
author	Thanh Cong Nguyen
author_facet	Thanh Cong Nguyen
author_sort	Thanh Cong Nguyen
title	Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?
title_short	Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?
title_full	Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?
title_fullStr	Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?
title_full_unstemmed	Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?
title_sort	economic policy uncertainty and bank stability: does bank regulation and supervision matter in major european economies?
publisher	Journal of International Financial Markets, Institutions and Money
publishDate	2021
url	https://www.sciencedirect.com/science/article/abs/pii/S1042443121001062?via%3Dihub https://dlib.phenikaa-uni.edu.vn/handle/PNK/2855 https://doi.org/10.1016/j.intfin.2021.101387
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score	8.891145

Economic policy uncertainty and bank stability: Does bank regulation and supervision matter in major European economies?

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