scholarly journals Welfare Implications of Bank Capital Requirements Under Dynamic Default Decisions

2021 ◽  
Author(s):  
Toshiaki Ogawa

2018 ◽  
Author(s):  
Xiang Fang ◽  
David Jutrsa ◽  
Maria Soledad Martinez Peria ◽  
Andrea Presbitero ◽  
Felix Várdy ◽  
...  


2012 ◽  
Vol 43 (2) ◽  
pp. 127-148 ◽  
Author(s):  
John P. Harding ◽  
Xiaozhong Liang ◽  
Stephen L. Ross






2020 ◽  
pp. 105806
Author(s):  
Xiang Fang ◽  
David Jutrsa ◽  
Soledad Martinez Peria ◽  
Andrea F. Presbitero ◽  
Lev Ratnovski


2008 ◽  
Vol 55 (2) ◽  
pp. 298-320 ◽  
Author(s):  
Skander J. Van den Heuvel


Author(s):  
Christoph Basten

Abstract We identify the effects of the Basel III macroprudential tool Counter-Cyclical Capital Buffer on mortgage lending. Using the first dataset on responses from multiple banks to each household, we find no evidence of explicit rationing. But as the CCyB applied only to mortgages, banks with higher mortgage specialization or lower capital cushions raise prices by an extra eight basis points. Bank level data then show that this allows them to slow their mortgage growth and rebuild capital cushions. While market-wide mortgage growth did not slow down significantly, the composition of mortgage suppliers thus moved to previously less exposed banks.



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