Using GMM framework on the data of the US commercial banks spanning over 2002 to 2018, this study shows that banks adjust their regulatory capital ratios faster than traditional capital ratios. Our results show that the speed of adjustment of regulatory capital ratios and traditional capital...

Der antizyklische Kapitalpuffer und der Kapitalerhaltungspuffer wurden für die Verstetigung der Kreditvergabe sowie eine höhere Resilienz des Finanzsystems geschaffen. Fraglich bleibt, wie gut diese Puffer speziell im Abschwung in der Praxis von den Finanzinstituten genutzt werden. Dem...

The study aims to investigate the effect of conventional capital ratio, risk-based capital ratio, and capital buffer ratio on commercial bank risk-taking over the period from 2002 to 2019 using a two-step GMM method. The finding reveals that there is a positive relationship between traditional...

Die Interpretation des Zinssatzes als Preis ist problematisch. Im Gegensatz zum Preis ist der Zinssatz kein Austauschverhältnis. Modelle, in denen der Zinssatz mit einem Preis für die Nutzung von Kapital identifiziert werden kann, sind sehr speziell. In allgemeineren Modellen sind Zinssatz und...

Aufgrund der stark binnenwirtschaftlichen Ausrichtung der Lockdown-Maßnahmen gegen die Corona-Pandemie sind in weit stärkerem Maße als in der Finanz- und Wirtschaftskrise vor einem Jahrzehnt auch mittelständische Unternehmen bis hin zu Kleinstbetrieben betroffen. Zudem lei-det der...

The main objective of this paper is to analyze one of the alternative sources of financing - equity crowdfunding - from the point of view of managerial processes. Based on the case study analysis and the comparative analysis the problems and challenges of raising funds using equity crowdfunding...

In this paper, I develop a Marxian model of market for money capital populated by capitalists equipped with equal money capital endowment but with heterogeneous linear production technology. Due to a maximization of return on equity, capitalists with relatively weak technology, yielding profit...

Aufgrund der stark binnenwirtschaftlichen Ausrichtung der Lockdown-Maßnahmen gegen die Corona-Pandemie sind in weit stärkerem Maße als in der Finanz- und Wirtschaftskrise vor einem Jahrzehnt auch mittelständische Unternehmen bis hin zu Kleinstbetrieben betroffen. Zudem lei-det der...

Österreich hat keine Kapitalkultur. Unseren Unternehmen fehlt es an Eigenkapital, sie sind zu stark auf Fremdkapital von Banken angewiesen. Gerade in Zeiten der Krise ist das eine Schwäche. Alternativen führen aber ein Schattendasein. Die Österreicher scheuen den Kapitalmarkt. Dass...

A strong capitalized position of financial institutions is essential to ensure their solvency. Because of their unique nature, banks must always keep an optimum level of capital to ensure smooth banking earnings. Consequently, it is mandatory for all types of banks operating in Pakistan to keep...

This study examines the speed of adjustment of the leverage and regulatory capital ratios between 2002 and 2018 for large commercial banks of the USA. The study applies a two-step system GMM technique to obtain the speed of adjustment. The results prove that higher-quality capital requires...

This paper outlines the development of the European Pillar 2 framework and EU banks' capital positions since 2014. Motivated by concerns that have been raised over the years about excessive levels of required capital imposed on EU banks, we provide empirical evidence on the positioning of EU...

The role of capital accumulation as a driver of the labor income share requires capital and labor to be substitutes, which appears paradoxical in a world predominantly characterized by complementarity between capital and labor. This paper argues that the composition of skills in the labor force...

This paper studies the impact of higher additional capital requirements on loan growth to private sector of banks in the Czech Republic. The empirical results indicate that there is a negative effect of higher additional capital requirements on loan growth of banks with relatively low capital...

We study aggregate, distributional, and welfare effects of a permanent reduction in the capital tax rate in a dynamic equilibrium model with capital-skill complementarity. Such a tax reform leads to expansionary long-run aggregate effects, but is coupled with an increase in the skill premium....

Do macroprudential regulations on residential lending influence commercial lending behavior too? To answer this question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential mortgages on which extra capital requirements were...

Kalyal Sanayal's work on postcolonial capitalism has been influential in many strands of critical social theory. In this brief note, I investigate three key components of his argument and find them wanting. In particular, I show that the evolution of land ownership in India does not support the...