The real effects of banking supervision: Evidence from enforcement actions
(2016)
Journal Article
Danisewicz, P., McGowan, D., Onali, E., & Schaeck, K. (2016). The real effects of banking supervision: Evidence from enforcement actions. Journal of Financial Intermediation, 35, 86-101. https://doi.org/10.1016/j.jfi.2016.10.003
We present a novel way to examine macro-financial linkages by focusing on the real effects of bank supervisors’ enforcement actions. Exploiting plausibly exogenous variation in supervisory monitoring intensity, we show that enforcement actions in sin... Read More about The real effects of banking supervision: Evidence from enforcement actions.