Systemic risk, macro-prudential regulation and organizational diversity in banking
Bibliographic Data
| ID | 12651746 |
|---|---|
| Authors | Olivier Butzbach (0000-0002-5577-4260, University of Campania "Luigi Vanvitelli", corresponding author) |
| Year | 2016 |
| Volume | 35 |
| Issue | 3 |
| Pages | 239-251 |
| Publication date | 2016-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Policy and Society (JOURNAL) |
| Journal identifiers | ISSN: 1449-4035 • E-ISSN: 1839-3373 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.polsoc.2016.09.002 |
| OpenAlex | W2535017058 |
| Language | EN |
| Citations received | 1 |
| References cited | 27 |
Since the 2007–2008 global banking crisis, systemic risk has become the central target of policy design in banking regulation in many countries. At the same time, a growing attention has been paid to the systemic importance of bank heterogeneity. The need for diversity has even found its way into official policy documents, both at the European and national level. However, most of the new thinking on the regulatory reforms targeting systemic risk has been conducted within the framework of macro-prudential regulation, which may not be adequate to deal with diversity-related causes of systemic risk. This paper aims, therefore, at contributing to the growing literature on the relationship between systemic risk and banking regulation by (i) explicating the links between systemic risk and banking diversity; (ii) discussing the adequacy of macro and micro-prudential policy instruments to address diversity-related causes of systemic risk in banking; and (iii) laying out a basic framework for diversity-enhancing policies
Business · Diversity (politics · Economics · Financial crisis · Financial system · Macro · Macroeconomics · Political science · Systemic risk · Banking stability, regulation, efficiency · Credit Risk and Financial Regulations · Global Financial Regulation and Crises · Law
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| Unique citing works | 1 |
|---|---|
| Citations per year | 0.13 |
| Citation span | 2018 - 2018 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |