capital market. Both Basel I and II and Solvency I and II neglected the impact of these developments on banks’ and insurers … to take developments in the capital market into account in the formulation of their business strategies designed to … ensure solvency. In combination with increased capital requirements, this is shown to result in a reduced slope of their EPEF …

College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …: the amount of capital required, the design of capital requirements (complexity versus simplicity), proportionate …

We simulate how the probability of failure of a subsidiary and the group changes after a capital buffer is imposed on …

We propose a methodology for measuring the market-implied capital of banks by subtracting from the market value of … risk of banks with a low market capitalization. We argue that this adjusted measure of capital is the relevant market …-implied capital measure for policy makers. We propose an econometric model for the combined simulation of equity and CDS prices, which …

-based capital (RBC) rule proposals. We review the principles of cost-benefit analysis and its application by US bank regulators. We …

liability side. The endogenously determined asset portfolio and capital structure interact to support credit extension, as well … joint implementation of a capital and a liquidity regulation …

, minimum capital requirements are met. This provides a rationale for capital requirements beyond the commonly envoked reasoning … requirements ; minimum capital requirements ; global games …