Annamaria, Benyovszki; Eszter, Bordas; Adam, Kurti Laszlo - - In: Annals of Faculty of Economics 1 (2011) 1, pp. 461-468
A widespread concern about Basel II capital requirements is that it might amplify business cycle fluctuations, forcing banks to restrict their lending when the economy goes into recession. Under the IRB approach of Basel II, capital requirements are increasing functions of the probability of...
