Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/24095
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Schüler, Martin | en |
dc.contributor.author | Heinemann, Friedrich | en |
dc.date.accessioned | 2009-02-16T14:48:45Z | - |
dc.date.available | 2009-02-16T14:48:45Z | - |
dc.date.issued | 2005 | - |
dc.identifier.uri | http://hdl.handle.net/10419/24095 | - |
dc.description.abstract | Financial markets in Europe become more and more integrated. The persistingfragmentation of financial supervision, however, constitutes a lasting obstacle to integration. The aim of this paper is to assess these costs of supervisory fragmentation. We find clear evidence for the existence of economies of scale in banking supervision. An increase in supervisory output by one percent causes institutional supervisory cost to rise by only some 0.5 percent. Based on these estimation results we predict institutional cost saving of around 15 percent in a plausible simulation scenario representing a cost-efficient European supervisory framework. | en |
dc.language.iso | eng | en |
dc.publisher | |aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheim | en |
dc.relation.ispartofseries | |aZEW Discussion Papers |x05-01 | en |
dc.subject.jel | G28 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | financial supervision | en |
dc.subject.keyword | costs | en |
dc.subject.keyword | economies of scale | en |
dc.subject.stw | Internationaler Finanzmarkt | en |
dc.subject.stw | Marktintegration | en |
dc.subject.stw | Bankenaufsicht | en |
dc.subject.stw | Soziale Kosten | en |
dc.subject.stw | Europa | en |
dc.title | The Costs of Supervisory Fragmentation in Europe | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 477276172 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:zewdip:2892 | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.