Micro-Prudential Regulation and Loan Monitoring
نویسندگان
چکیده
Abstract We evaluate the value of loan monitoring systems for a bank controlled by micro-prudential regulator. investigate dynamic (an information channel that generates flow about quality) and static (where lender receives single signal quality). find carry regulatory charge dominates benefit are therefore unprofitable, whereas have positive value. Specifically, lenders can profitably dismantle their instead turn to systems. The model reveals, therefore, potential weakness regulation.
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ژورنال
عنوان ژورنال: Journal of Financial Services Research
سال: 2022
ISSN: ['0920-8550', '1573-0735']
DOI: https://doi.org/10.1007/s10693-021-00376-7