Window dressing of regulatory metrics: Evidence from repo markets

This paper investigates both the magnitude and the drivers of bank window dressing behavior in euro-denominated repo markets. Using a confidential transaction-level data set, our analysis illustrates that banks engineer an economically sizeable contraction in their repo transactions around regulator...

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Bibliographic Details

Published in:	Journal of financial intermediation Vol. 58; p. 101086
Main Authors:	Bassi, Claudio, Behn, Markus, Grill, Michael, Waibel, Martin
Format:	Journal Article
Language:	English
Published:	Elsevier Inc 01-04-2024
Subjects:	Banking regulation G-SIBs Leverage ratio Repo markets Window dressing Repo markets G-SIBs C23 Leverage ratio G21 G14 Banking regulation G28 G18 Window dressing
Online Access:	Get full text
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