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The unequal effect of new banking rules in Europe. Bruegel Policy Contribution 2010/10, October 2010

Marzinotto, Benedicta and Rocholl, Jörg. (2010) The unequal effect of new banking rules in Europe. Bruegel Policy Contribution 2010/10, October 2010. [Policy Paper]

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    Abstract

    In this paper, Benedicta Marzinotto and Jörg Rocholl focus on the tightening of credit conditions for banking rules (Basel III), particularly the estimated macroeconomic costs range, monetary policy and the aggregate costs of the measures. The authors report that the monetary policy response to these changes is not likely to be accommodating and that the aggregate costs of the measures will be differently distributed across countries depending on a variety of issues.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > Single Market > capital, goods, services, workers
    EU policies and themes > Policies & related activities > regulations/regulatory policies
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Policy Contributions
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 28 Oct 2010
    Page Range: p. 13
    Last Modified: 15 Feb 2011 18:37
    URI: http://aei.pitt.edu/id/eprint/15048

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