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

Carsten Detken, Olaf Weeken, Lucia Alessi, Diana Bonfim, Miguel M. Boucinha, Christian Castro, Sebastian Frontczak, Gaston Giordana, Julia Giese, Nadya Jahn, Jan Kakes, Benjamin Klaus, Jan Hannes Lang, Natalia Puzanova, Peter Welz

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 am Main, Germany] : ESRB, European Systemic Risk Board, European System of Financial Supervision
Subject:	countercyclical capital buffer \| banking regulation \| systemic risk \| Basler Akkord \| Basel Accord \| Bankenliquidität \| Bank liquidity \| Bankenregulierung \| Bank regulation \| Finanzkrise \| Financial crisis \| Systemrisiko \| Systemic risk \| Welt \| World \| Bankrisiko \| Bank risk \| Antizyklische Finanzpolitik \| Countercyclical fiscal policy

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Extent:	1 Online-Ressource (circa 95 Seiten) Illustrationen
Series:	Occasional paper series. - Frankfurt am Main, Germany : European Systemic Risk Board, ZDB-ID 2937147-8. - Vol. no. 5 (June 2014)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/193600 [Handle]
Classification:	G21 - Banks; Other Depository Institutions; Mortgages ; G28 - Government Policy and Regulation ; E58 - Central Banks and Their Policies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011972814