Working Paper: NBER ID: w18733
Authors: James R. Barth; Gerard Caprio Jr.; Ross Levine
Abstract: In this paper and the associated online database, we provide new data and measures of bank regulatory and supervisory policies in 180 countries from 1999 to 2011. The data include and the measures are based upon responses to hundreds of questions, including information on permissible bank activities, capital requirements, the powers of official supervisory agencies, information disclosure requirements, external governance mechanisms, deposit insurance, barriers to entry, and loan provisioning. The dataset also provides information on the organization of regulatory agencies and the size, structure, and performance of banking systems. Since the underlying surveys are large and complex, we construct summary indices of key bank regulatory and supervisory policies to facilitate cross-country comparisons and analyses of changes in banking policies over time.
Keywords: bank regulation; bank supervision; international banking; financial stability
JEL Codes: G21; G28; O5
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Quality of bank regulatory frameworks (G28) | Economic growth (O49) |
| Quality of bank regulatory frameworks (G28) | Poverty alleviation (I32) |
| Quality of bank regulatory frameworks (G28) | Overall welfare (I31) |
| Poor regulatory practices (L51) | Systemic banking crises (F65) |
| Regulatory practices (L51) | Performance of banks (G21) |
| Regulatory practices (L51) | Stability of the banking system (G21) |