 | Watch What They Do, Not What They Say: Estimating Regulatory Costs from Revealed Preferences Author/Editor: Adrien Alvero, Sakai Ando, Kairong Xiao. Release Date:February, 2022 We show that distortion in the size distribution of banks around regulatory thresholds can be used to identify costs of bank regulation. We build a structural model in which banks can strategically more...
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