better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the … supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4 …

always work best in terms of covering bank loan losses that go beyond what could be expected from economic downturns. Instead …

global perspective. At the same time, collateral requirements applied by banks are onerous and also constrain the quantity of … legal framework. Lower operating costs appear critical to reduce relatively higher spreads for small and medium-sized banks …

This paper offers novel evidence on the impact of raising bank capital requirements in the context of an emerging … market: Peru. Using quarterly bank-level data and exploiting the adoption of bank-specific capital buffers, we find that … higher capital requirements have a short-lived, negative impact on bank credit in Peru, although this effect becomes …

In the presence of adverse macroeconomic shocks, simultaneous capital losses in multiple banks can prompt them to … contract their balance sheets. These bank responses generate externalities that propagate in the form of macro … macro-financial feedback loops can significantly affect macroeconomic outcomes and bank-specific stress tests results. The …

provides guidance on how non-Basel Committee member countries could incorporate banks' capital and liquidity standards into …