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The Limits of Model-Based Regulation
16 references·16 citing·36 second hopsampled
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1971The Theory of Economic Regulation8,084 cited
  • 1991Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design6,042 cited
  • 2021The Theory of Economic Regulation5,483 cited
  • 1976Toward a More General Theory of Regulation4,771 cited
  • 1983A Theory of Competition Among Pressure Groups for Political Influence4,118 cited
  • 2008Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market1,850 cited
  • 1974Social Costs of Monopoly and Regulation1,308 cited
  • 1999The Grabbing Hand: Government Pathologies and Their Cures1,020 cited
  • 1999The grabbing hand: government pathologies and their cures991 cited
  • 2013The bankers' new clothes: what's wrong with banking and what to do about it635 cited
  • 2013The Bankers’ New Clothes543 cited
  • 2010Bank Capital: Lessons from the Financial Crisis512 cited
  • 2000Emerging problems with the Basel Capital Accord: Regulatory capital arbitrage and related issues497 cited
  • 2014The failure of models that predict failure: Distance, incentives, and defaults497 cited

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  • 2004Cyclical implications of the Basel II capital standards432 cited
  • Cited by

    • 2021Central banking challenges posed by uncertain climate change and natural disasters119 cited
    • 2018Banks’ Incentives and Inconsistent Risk Models92 cited
    • 2018Credit risk in European banks: The bright side of the internal ratings based approach73 cited
    • 2019Rethinking Financial Stability67 cited
    • 2021ESG as a Measure of Credit Ratings56 cited
    • 2017An analysis of the consistency of banks’ internal ratings53 cited
    • 2014Banks' Incentives and the Quality of Internal Risk Models49 cited
    • 2022Return on investment on artificial intelligence: The case of bank capital requirement48 cited
    • 2021Moving toward the expected credit loss model under IFRS 9: capital transitional arrangement and bank systematic risk47 cited
    • 2020Capital requirements and mortgage pricing: Evidence from Basel II46 cited
    • 2015Stress for Success: A Review of Timothy Geithner's Financial Crisis Memoir42 cited
    • 2015Bad Times, Good Credit41 cited
    • 2014Banks' Incentives and the Quality of Internal Risk Models40 cited
    • 2016The impact of the IRB approach on the risk weights of European banks39 cited
    • 2018Strategic Selection of Risk Models and Bank Capital Regulation39 cited
    • 2014Regulatory Capture by Sophistication37 cited