学术讲座:The Economics of Supranational Bank Supervision
金融学院SBF论坛2019年第26讲
讲座题目:The Economics of Supranational Bank Supervision
时间:10月 14日(周一)16:00-18:00
地点:科研楼五层校董会会议室
主讲人:Thorsten Beck
主讲人简介:Thorsten Beck is a professor of banking and finance at Cass Business School in the City University of London, and a research fellow of CEPR. He used to work at Tilburg University and the World Bank, and also worked as a consultant for the European Central Bank, BIS, and IMF, etc. His research interest mainly focuses on corporate finance, banking, and development economics, etc. His country experience, both in operational and research work, includes Brazil, China, Mexico, Russia, and Sub-Saharan Africa, etc. He holds a PhD from the University of Virginia and an MA from the University of Tubingen in Germany. He has published papers in top economics and finance journals such as Journal of Finance, Journal of Financial Economics, Journal of International Economics, and Journal of Development Economics, etc. He is a co-editor of Journal of Banking and Finance and also a managing editor of Economic Policy, and he used to be a co-editor of Review of Finance.
讲座内容简介:This paper examines the effectiveness of cooperation among bank supervisors using a novel dataset on supranational agreements among 4,278 country-pairs. Exploiting that globally operating banks are differently covered by these agreements, we show that supervisory cooperation generally improves bank stability. The magnitude of the effect is higher for smaller and less complex banks, and when supervisors are more stringent and have access to higher quality information. We also show that actual supervisory cooperation varies across country-pairs consistent with differences in economic costs and benefits to cooperation. This suggests that cooperation is not always desirable,despite being effective in reducing bank risk.
主办单位:对外经济贸易大学科研处
对外经济贸易大学金融学院