steps taken to increase resilience, notably higher capitalization. Our results suggest increased capital buffers may … institution’s credit worthiness and the return on its market value, and importantly, on the level and quality of capital …

The 1988 Basel I Accord set the common requirements of bank capital to promote the soundness and stability of the … international banking system. The agreement required banks to hold capital in proportion to their perceived credit risks, and this … significant increase in credit growth following the implementation of capital regulations, in general. Despite higher capital …

-term oriented, with high implicit capital, and low risk (thanks to the law of large numbers). Trading is transactions …-based: scalable, shortterm, capital constrained, and with the ability to generate risk from concentrated positions. When a bank … engages in trading, it can use its ‘spare’ capital to profitablity expand the scale of trading. However, there are two …

credit more than other banks. However, higher and better-quality capital mitigated this effect. Our results suggest that …

liquidity risk. We find an inverted U-shaped relationship between capital requirements and bank lending, efficiency, and welfare … lending, efficiency and welfare significantly. The costs of high capital and liquidity requirements represent a lower bound on …

, and capital is negative when adjusting for this. Capital is sufficient to back a low inflation target given that the … income position is supported by unremunerated reserve requirements. Capital is likely to increase over time, but only …

This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital … multinationals, we find that thin capitalization rules significantly affect multinational firm capital structure. Specifically … structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 …