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 …

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 …

indicate that a 1 percentage point increase in a bank's equity-to-assets ratio lowers its cost of equity by about 18 basis …

links changes in the financial environment and the distribution of future bank capital ratios. This forward …

bond returns are high. At the bank level, bondholdings correlate negatively with subsequent lending during sovereign …

paper focuses on a number of issues suggested by international organizations for countries and bank supervisors to consider …