Results 311 to 320 of about 904,269 (335)
Bank Capital Requirements and Capital Structure [PDF]
, 2009 This paper studies the impact of capital requirements, deposit insurance and tax benefits on a bank's capital structure. We find that properly regulated banks voluntarily choose to maintain capital in excess of the minimum required. Central to this decision is both tax advantaged debt (a source of firm franchise value) and the ability of regulators to ...
Harding, John P. +2 more
openaire
Some of the next articles are maybe not open access.
Related searches:
Related searches:
2018
Abstract This chapter begins by discussing the three overlapping capital requirements that banks are subject to. The first is the orthodox Basel capital requirement. The second is the Leverage Ratio, which is simply a non-risk-weighted capital requirement. The third is the stress test requirement.
openaire +1 more source
Abstract This chapter begins by discussing the three overlapping capital requirements that banks are subject to. The first is the orthodox Basel capital requirement. The second is the Leverage Ratio, which is simply a non-risk-weighted capital requirement. The third is the stress test requirement.
openaire +1 more source
Robust Capital Requirements with Model Risk
SSRN Electronic Journal, 2013We investigate capital requirements based on Value at Risk (V@R) and Average Value at Risk (AV@R) when the bank's econometric model only approximately describes the true, unknown return generating process, as is often the case in practice. We provide a simple formula for such capital requirements that uses a first order Taylor expansion of V@R and AV@R
Barrieu, Pauline, Ravanelli, Claudia
openaire +2 more sources
Macroprudential Regulation and Systemic Capital Requirements
2010In the aftermath of the financial crisis, there is interest in reforming bank regulation such that capital requirements are more closely linked to a bank's contribution to the overall risk of the financial system. In our paper we compare alternative mechanisms for allocating the overall risk of a banking system to its member banks.
Gauthier, Céline +2 more
openaire +2 more sources
Management with Capital Requirements
2001In this article te objectives of the capital requirement system are discussed which should provide a guide in establishing overall strategies, and a tool for measuring the impact on operations and the financial position of a company.
openaire +2 more sources
Capital requirements, acceptable risks and profits
Quantitative Finance, 2009Distortions introduced by limited liability towards higher volatility and kurtosis, increased liability skewness, reduced asset skewness and an incentive to decorrelate assets from liabilities are demonstrated in the context of a stylized model. The concept of acceptable risks operationalized by positive expectation after distortion yields a definition
openaire +1 more source
Liquidity Transformation and Bank Capital Requirements
2010This paper presents a dynamic general equilibrium model where asymmetric information about asset quality leads to asset illiquidity. Banking arises endogenously in this environment as banks can pool illiquid assets to average out their idiosyncratic qualities and issue liquid liabilities backed by pooled assets whose total quality is public information.
openaire +2 more sources