mandatory for all banks was highly controversial. The regulators’ view that such an inclusion would result in greater bank … of regulatory capital. Second, bank share prices reacted negatively (positively) to pronouncements that increased …

credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in …

There is a widespread view that bank capital requirements should be loosened during recessions and tightened during … capital requirement policies on the saving decisions of households, and, through this channel, on bank loans and output. We …

resulting in an acceleration of bank lending. In particular, regulatory reforms pertaining to loan classification and …

particular, we show that the stock market applies far greater discounts to a bank’s real estate loans and mortgage … suggests that bank balance sheets overvalue real estate related assets during economic slowdowns. Estimated discounts are … impairment. We also find that bank share prices, especially for banks with large exposures to mortgage-backed securities, react …