proposed as a reference point for accumulating countercyclical capital buffers, is subject to similar problems. We find that ex …

differences in capital ratios at sets of banks that are matched based on geographic area as well as size and various business …This paper examines the impact of bank capital ratios on bank lending by comparing differences in loan growth to …, that the relationship between capital ratios and bank lending is insignificant until the recent financial crisis. We also …

may demand that banks commit to monitoring by requiring that they use some of their own capital in lending, thus creating … an asset market-based incentive for banks to hold capital. Borrowers can also provide banks with incentives to monitor by … do not fully internalize the cost of raising capital to the banks, the level of capital demanded by market participants …

The effect of bank capital on lending is a critical determinant of the linkage between financial conditions and real … find small effects of capital on lending. We then consider the effect of capital ratios on lending using a variant of Lown … and Morgan's (2006) VAR model, and again find modest effects of bank capital ratio changes on lending. These results are …

While the balance sheet structure of U.S. banks influences how they respond to liquidity risks, the mechanisms for the … effects on and consequences for lending vary widely across banks. We demonstrate fundamental differences across banks without … foreign affiliates versus those with foreign affiliates. Among the nonglobal banks (those without a foreign affiliate), cross …

recent proposals to revise regulatory capital requirements for banks, the arguments and results are also relevant for bankers … as the basis for estimates of the appropriate absolute level of economic capital allocations for portfolio credit risk … making capital structure decisions. …