The authors summarize some of the results of Ediz, Michael, and Perraudin (1998) on the impact of bank capital requirements on the capital ratio choices of U.K. banks. They use confidential supervisory data including detailed information about the balance sheet and profit and loss of all British...

This paper was presented at the conference "Financial services at the crossroads: capital regulation in the twenty-first century" as part of session 1, "Impact of capital requirements on bank risk taking: empirical evidence." The conference, held at the Federal Reserve Bank of New York on...