期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2004
卷号：2004
出版社：Bergen
摘要：This paper examines competition between bank regulators in open economies.
We use a model where credit demand of ¯rms is endogenous and show any tendency
for downward competition in regulation policy is limited by the e®ect of regulation
on pro¯ts of non¯nancial ¯rms. Moreover, perfect mobility on loans and deposit
markets fully eliminates the incentives of regulators to set bank regulation at
ine±cient low levels
