Benefits and Costs of Bank Capital /

The appropriate level of bank capital and, more generally, a bank's capacity to absorb losses, has been at the core of the post-crisis policy debate. This paper contributes to the debate by focusing on how much capital would have been needed to avoid imposing losses on bank creditors or resorti...

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Бібліографічні деталі
Автор: Dagher, Jihad
Інші автори: Dell'Ariccia, Giovanni, Laeven, Luc, Ratnovski, Lev
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2016.
Серія:Staff Discussion Notes; Staff Discussion Notes ; No. 2016/004
Онлайн доступ:Full text available on IMF
Опис
Резюме:The appropriate level of bank capital and, more generally, a bank's capacity to absorb losses, has been at the core of the post-crisis policy debate. This paper contributes to the debate by focusing on how much capital would have been needed to avoid imposing losses on bank creditors or resorting to public recapitalizations of banks in past banking crises. The paper also looks at the welfare costs of tighter capital regulation by reviewing the evidence on its potential impact on bank credit and lending rates. Its findings broadly support the range of loss absorbency suggested by the Financial Stability Board (FSB) and the Basel Committee for systemically important banks.
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Фізичний опис:1 online resource (38 pages)
Формат:Mode of access: Internet
ISSN:2617-6750
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students