Journal of Financial Economic Policy: Volume 5 Issue 4

Bank business models, capital rules and structural separation policies: An evidence-based critique of current policy trends

Adrian Blundell-Wignall, Caroline Roulet

The study examines the roles of capital rules, macro variables and bank business models in determining the safety of banks as measured by the “distance-to-default” (DTD) with the…

Living wills and cross-border resolution of systemically important banks

Jacopo Carmassi, Richard John Herring

The purpose of this paper is to analyze whether and how “living wills” and public disclosure of such resolution plans contribute to market discipline and the effective resolution…

Achieving plausible separability for the resolution of cross-border banks

David Mayes

This paper aims to consider whether it is plausible to resolve troubled systemically important cross-border banks by dividing them so that the component national authorities can…

Optimal jurisdiction of financial supervision

Tom Patrik Berglund

– This paper aims to discuss factors that affect the socially optimal jurisdiction of financial supervision in the presence of economies of scale in banking.

Resolving Europe's banking crisis through market discipline: a note

Harald A. Benink

The purpose is to analyse how the policy approach to the immediate problems in the European financial sector has long-term effects on implicit protection of banks' creditors and…

The organization of banking and supervision; introduction and overview

Clas Wihlborg