Bank of Spain paper analyses regulations’ complexity

Bank of Spain
The Bank of Spain
Luis García

Researchers should investigate the language and legal structure of financial regulations to judge their impact, a working paper published by the Bank of Spain argues.

In New dimensions of regulatory complexity and their economic cost. An analysis using text mining, Juan de Lucio and Juan Mora-Sanguinetti take a new approach to analysing financial regulations.

The literature on the subject has so far analysed regulatory complexity in terms of the quantity of norms, the authors say. But they

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