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Investigation of the effects of financial regulation and supervision on bank stability: The application of CAMELS-DEA to quantile regressions

机译:金融监管对银行稳定性的影响研究:CAMELS-DEA在分位数回归中的应用

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We rigorously investigate the multifaceted effects of financial regulation and supervision on bank stability using panel data for 2210 banks across 47 European countries over the period 2000-2016. The CAMELS rating system is applied to quantile regressions. We find that greater capital regulation is positively associated with bank stability, whilst tighter restrictions, deposit insurance and excess of supervision appear to exert an adverse effect on bank stability. These effects are more pronounced among banks at a higher level of stability. It also appears that commercial banks, smaller banks and banks in emerging countries are relatively sensitive to regulatory shocks. (C) 2018 Elsevier B.V. All rights reserved.
机译:我们使用2000-2016年期间47个欧洲国家/地区的2210家银行的面板数据来严格研究金融监管对银行稳定性的多方面影响。 CAMELS评分系统适用于分位数回归。我们发现,更严格的资本监管与银行稳定程度呈正相关,而更严格的限制,存款保险和过多的监管似乎会对银行稳定度产生不利影响。这些影响在银行中具有较高的稳定性。看来,商业银行,小型银行和新兴国家的银行对监管冲击也相对敏感。 (C)2018 Elsevier B.V.保留所有权利。

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