Conceptual Issues in Calibrating the Basel III Countercyclical Capital Buffer /

This paper discusses issues in calibrating the countercyclical capital buffer (CCB) based on a sample of EU countries. It argues that the main indicator for buffer decisions under the Basel III framework, the credit-to-GDP gap, does not always work best in terms of covering bank loan losses that go...

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Dettagli Bibliografici
Autore principale: Wezel, Torsten
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/086
Accesso online:Full text available on IMF