Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.
Macroeconomic Impacts of Financial Regulation - Part 1
The Basel Committee has prepared a set of proposals for future regulation of the banking sector. These proposals have economic benefits by lowering the probability of future financial crises and consequently reducing fluctuations in output and unemployment relative to the current regulatory framework, Basel II. However, some economic costs may apply during the phasing-in of the new capital and liquidity requirements. These costs are assessed by most as negligible and hardly measurable in practice. But the banks consider them to be noticeable.