requirements in which banks’ corporate credit risks are modeled with macroeconomic variables. We can thus define scenarios such as … a mild recession and consider the resulting credit risk developments and consequent changes in minimum capital … requirements. We also emphasize the importance of stress testing future minimum capital requirements jointly with credit losses …

1986 to 2003 and estimate a macroeconomic credit risk model for the Finnish corporate sector. The sample period includes a … indebtedness. The estimated model is employed to analyse corporate credit risks conditional on current macroeconomic conditions … adverse macroeconomic events on the banks’ credit risks stemming from the corporate sector. The results of the stress tests …

of Basel II on the efficiency of bank lending. We consider competitive credit markets where entrepreneurs may apply for …

We study the effects on credit allocation and bank stability of introducing a leverage ratio requirement (LRR) on top …