Thorsten Beck, Consuelo Silva-Buston, Wolf Wagner, (2018), “The economics of supranational bank supervision“, VoxEU, 13 March
International cooperation on bank supervision is still rare. This column analyses data on supervisory cooperation among a global sample of countries between 1995 and 2013 to show that cooperation among bank supervisors is not always optimal. Country pairs with higher cross-border externalities and lower heterogeneity are more likely to cooperate, and in more intense ways, but for some country pairs the costs of cooperation outweigh the benefits.
Relevant Posts
- Mario Draghi, (2017), “European banking supervision three years on”, European Central Bank, 7 November
- Beck, Thorsten, (2017), «The European banking union at three: A toddler with tantrums», Vox Eu, 3 July 2017