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[...]This paper focuses on the relative emphasis thatthe structure of regulatory capital places on formulas andon supervision. The two are not viewed as mutually exclusive,but as elements to which capital policy implicitlyassigns relative weights. We will see that in U.S. regulatorypractice,...
Persistent link: https://www.econbiz.de/10005870086
It is a great pleasure for me to be here and to participate inthe discussion of the future of capital adequacy regulation.I would like to compliment the organizers of this conferenceon the programme they have set up, covering manyrelevant topics, and the range of experts they have beenable to...
Persistent link: https://www.econbiz.de/10005870093
I am delighted to be here today to address this importantconference on economic, supervisory, and regulatory issuesfacing foreign banks operating in the United States. I alsovery much appreciate the efforts of my colleague GeneLudwig and his staff at the Office of the Comptroller of theCurrency...
Persistent link: https://www.econbiz.de/10005870343
There is plenty of evidence across the EU to suggest that young people from poorerbackgrounds are less likely to attend tertiary education than their better-off peers. Thiscorrelation is often used to justify monetary transfers to families with students. It isnot clear, however, that these...
Persistent link: https://www.econbiz.de/10009353994
bankingindustry. This goal is served by taking a broad view of thepayments business and analyzing information provided bylarge bank …
Persistent link: https://www.econbiz.de/10005870063
length of time between bank examinations affects thequality of information available to supervisors. For thesepurposes, we … condition of a bank. Our analysisassumes that examination information incorporates twotypes of data: information available from … information that can be obtained onlythrough on-site examinations, such as confidential informationabout a bank’s troubled assets …
Persistent link: https://www.econbiz.de/10005870064
[...]We address several questions in this paper. First,how could macro markets be useful to the average person?Second, how large are the potential benefits from diversificationif these markets were to be introduced andused optimally? Third, can existing financial marketsachieve a similar degree...
Persistent link: https://www.econbiz.de/10005870065
[...]The most obvious possible, and undesirable,impact on bank behaviour of risk-weighted capital requirementsis that …
Persistent link: https://www.econbiz.de/10005870067
[...]This paper examines the impact that the PCAstandards had on bank portfolios following the passage ofFDICIA in 1991 … (1997) to study the impactof risk-based capital, is used to examine how PCA simultaneouslyinfluenced bank capital ratios and … capitaland portfolio risk is explicitly recognized, and as such, theimpact of possible changes in bank capital ratios on risk ina …
Persistent link: https://www.econbiz.de/10005870068
Advocates of fair value accounting believe that fair valuesprovide more relevant measures of assets, liabilities, andearnings than do historical costs. These advocates assertthat fair value accounting better reflects underlying economicvalues. The advantages of this method—and thecorresponding...
Persistent link: https://www.econbiz.de/10005870069