Hanke has employed SMBMA as a method of analyzing the response of various countries to the 2008 financial crisis. In particular, Hanke has employed SMBMA for the United States, the United Kingdom, and various countries in the European Union to study the pro-cyclical effects of higher capital-asset ratios implemented during economic downturns. Hanke has been an outspoken critic of pro-cyclical capital requirements imposed under Basel III, Dodd-Frank, and other financial regulatory regimes. Also, he is on the advisory board of the Official Monetary and Financial Institutions Forum (OMFIF) in London, where he regularly contributes to the OMFIF's The "Bulletin" and is involved in meetings regarding financial and monetary systems.