How the financial crisis has changed the research agenda on banking regulation

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Abstract

The effects of the financial crisis, which began in 2007, were many and various. This paper examines those effects in the banking regulation and supervision research agendas. The crisis, as the most important economic and social event of the beginning of this century, has triggered debates in multiple spaces and across frameworks, in politics, the media, social networks, and elsewhere. As the crisis was focused in the financial sector, it is natural for the published academic investigation of the regulation of this sector to have suffered changes. With this paper, the author tries to understand the impact of the financial crisis started in 2007 in the research published about banking regulation. This study, using a 323-article sample, determined that there was a change in the volume of published investigations, evident after 2011. This indicates a time lag between the onset of the crisis and the growth of interest in its inherent themes. This study also testifies to a change in interest focuses, with new themes emerging, such as politics, Basel III, systemic risk, and regulatory capture. Further, the keywords with value at risk, Basel II, Basel Capital Accords, and market discipline lost some ground in literature.

Keywords: Basel Accords, Banking Regulation, Banking Supervision, Crisis, Research Agenda, Keywords Analysis

JEL Classification: G28, G01

Received: 16.08.2018

Accepted: 03.10.2018

Published online: 23.10.2018

How to cite this paper: Lopes, J. D. (2018). How the financial crisis has changed the research agenda on banking regulation. Journal of Governance & Regulation, 7(3), 37-46. https://doi.org/10.22495/jgr_v7_i3_p5