Locarno, Alberto - In: Rivista Bancaria - Minerva Bancaria (2011) 5-6
This paper provides an assessment of the costs for Italy of complying with Basel III. The main findings are the following. For each percentage point increase in the capital ratio implemented over an eight-year horizon, the level of GDP would decline by 0.00-0.33% (0.03-0.39% if credit rationing...