of these levels to the business cycle. Worldwide results make clear that banks' own risk is only slightly dependent on … levels may not become substantially more procyclical under the new risk-sensitive Basel II regime. However, a number of banks …, especially smaller ones, combine a relatively risky portfolio with limited buffer capital. A more risk-sensitive capital …

This article seeks to discover the level and spread of bank efficiency in the EU, which in the light of the current and …

power of the average bank. The equilibrium price equation includes a mark up, which is not used at all under perfect …