Usability of Bank Capital Buffers : The Role of Market Expectations /

Following the COVID shock, supervisors encouraged banks to use capital buffers to support the recovery. However, banks have been reluctant to do so. Provided the market expects a bank to rebuild its buffers, any draw-down will open up a capital shortfall that will weigh on its share price. Therefore...

Descrición completa

Detalles Bibliográficos
Autor Principal: Abad, Jose
Outros autores: Garcia Pascual, Antonio
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/021
Subjects:
Acceso en liña:Full text available on IMF