Wie beeinflusst Basel II die Kreditkonditionenvon öffentlich-rechtlichen Körperschaften?Empirische Befunde aus der Schweiz

We study effects of Basel II on credits for Swiss towns and cities in the years 2006(before Basel II) and 2007 (after Basel II). We collected data of these loans andcomputed their margins. Moreover we collected data on the financial situation of thetowns and cities and used this to compute a credit ranking for each town and city. Weshow that Basel II decreased the margins when banks were the creditor, but not whenother institutions (e.g. pension funds) provided the loan.[...]