Repullo, Rafael; Saurina, Jesús; Trucharte, Carlos - Banco de España - 2010
regulation. The main concern is that the new risk-sensitive bank capital regulation (Basel II) may amplify business cycle … compute the corresponding series of Basel II capital requirements per unit of loans. These requirements move significantly …-Prescott trend of the original series. The results show that the best procedures are either to smooth the input of the Basel II …