Hirano, Masanori; Izumi, Kiyoshi; Shimada, Takashi; … - In: Journal of risk and financial management : JRFM 13 (2020) 4/75, pp. 1-20
In this study, we assessed the impact of capital adequacy ratio (CAR) regulation in the Basel regulatory framework …. This regulation was established to make the banking network robust. However, a previous work argued that CAR regulation has … each trader’s strategy stabilizes markets, and CAR regulation destabilizes markets in various aspects. These results show …