Operationalising the countercyclical capital buffer: indicator selection, threshold identification and calibration options

This paper presents the analysis underpinning the ESRB Recommendation on guidance on setting countercyclical buffer rates (ESRB 2014/1). The Recommendation is designed to help authorities tasked with setting the countercyclical capital buffer (CCB) to operationalise this new macroprudential instrument. It follows on from the EU prudential rules for the banking system that came into effect on 1 January 2014.

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Year of publication:	2014
Authors:	Detken, Carsten ; Weeken, Olaf ; Alessi, Lucia ; Bonfim, Diana ; Boucinha, Miguel M. ; Castro, Christian ; Frontczak, Sebastian ; Giordana, Gaston ; Giese, Julia ; Jahn, Nadya ; Kakes, Jan ; Klaus, Benjamin ; Lang, Jan Hannes ; Puzanova, Natalia ; Welz, Peter
Publisher:	Frankfurt a. M. : European Systemic Risk Board (ESRB), European System of Financial Supervision
Subject:	countercyclical capital buffer \| banking regulation \| systemic risk

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Series:	ESRB Occasional Paper Series ; 5
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Research Report
Language:	English
Other identifiers:	1049447751 [GVK] hdl:10419/193600 [Handle] RePEc:srk:srkops:201405 [RePEc]
Classification:	G21 - Banks; Other Depository Institutions; Mortgages ; G28 - Government Policy and Regulation ; E58 - Central Banks and Their Policies
Source:	EconStor

Persistent link: https://www.econbiz.de/10011984876