Bank capital regulation in contemporary banking theory: A review of the literature
JAC Santos - Financial Markets, Institutions & Instruments, 2001 - Wiley Online Library
This paper reviews the theoretical literature on bank capital regulation and analyzes some of
the approaches to redesigning the 1988 Basel Accord on capital standards. The paper starts …
the approaches to redesigning the 1988 Basel Accord on capital standards. The paper starts …
[图书][B] Microeconomics of banking
The second edition of an essential text on the microeconomic foundations of banking
surveys the latest research in banking theory, with new material that covers recent …
surveys the latest research in banking theory, with new material that covers recent …
Liberalization, moral hazard in banking, and prudential regulation: Are capital requirements enough?
TF Hellmann, KC Murdock, JE Stiglitz - American economic review, 2000 - aeaweb.org
In a dynamic model of moral hazard, competition can undermine prudent bank behavior.
While capital-requirement regulation can induce prudent behavior, the policy yields Pareto …
While capital-requirement regulation can induce prudent behavior, the policy yields Pareto …
The welfare cost of bank capital requirements
SJ Van den Heuvel - Journal of Monetary Economics, 2008 - Elsevier
Capital requirements are the cornerstone of modern bank regulation, yet little is known
about their welfare cost. This paper measures this cost and finds that it is surprisingly large. I …
about their welfare cost. This paper measures this cost and finds that it is surprisingly large. I …
Inside the bank lending channel
L Gambacorta - European Economic Review, 2005 - Elsevier
This paper tests cross-sectional differences in the effectiveness of the bank lending channel.
The results, derived from a comprehensive sample of Italian banks, suggest that …
The results, derived from a comprehensive sample of Italian banks, suggest that …
[图书][B] Beyond the Washington consensus: institutions matter
SJ Burki, G Perry - 1998 - books.google.com
This report examines the precise nature of the required institutional reforms needed to
achieve higher sustained rates of growth and to make a dent in poverty reduction and …
achieve higher sustained rates of growth and to make a dent in poverty reduction and …
An overall perspective on banking regulation
X Freixas, AM Santomero - UPF, Economics and Business Working …, 2003 - papers.ssrn.com
This paper surveys the theory of banking regulation from the general perspective of
regulatory theory. Starting by considering the different justifications of financial …
regulatory theory. Starting by considering the different justifications of financial …
The regulation of bank capital: Do capital standards promote bank safety?
D Besanko, G Kanatas - Journal of financial intermediation, 1996 - Elsevier
We show that in an imperfect information environment the equity value of an impaired bank
may increase or decrease when it is required to meet a capital standard. Regardless of the …
may increase or decrease when it is required to meet a capital standard. Regardless of the …
Is fairly priced deposit insurance possible?
YS Chan, SI Greenbaum, AV Thakor - The journal of finance, 1992 - Wiley Online Library
We analyze risk‐sensitive, incentive‐compatible deposit insurance in the presence of
private information and moral hazard. Without deposit‐linked subsidies it is impossible to …
private information and moral hazard. Without deposit‐linked subsidies it is impossible to …
Bank capital, liquid reserves, and insolvency risk
J Hugonnier, E Morellec - Journal of Financial Economics, 2017 - Elsevier
We develop a dynamic model of banking to assess the effects of liquidity and leverage
requirements on banks' financing decisions and insolvency risk. In this model, banks face …
requirements on banks' financing decisions and insolvency risk. In this model, banks face …