This paper analyzes the effect of the business cycle on the regulatory capital buffer of German savings and cooperative … banks in the period 19932003. The capital buffer is found to fluctuate anticyclically over the business cycle. The …

This paper analyzes the effect of the business cycle on the regulatory capital buffer of German savings and cooperative … banks in the period 1993-2003. The capital buffer is found to fluctuate anticyclically over the business cycle. The …

equilibrium elasticity of bank loan supply with respect to bank capital. Although the targeted elasticity is remarkably different …In the presence of financial frictions, banks' capital position may constrain their ability to provide loans. The … approaches. First, we use microeconomic balance sheet data from Germany and estimate banks' loan supply response to capital …

evidence that requirements on countercyclical capital buffers should be considered by regulatory authorities in the context of … macroeconomic indicators. -- Liquidity and leverage ; financial crises, asset pricing ; information and market efficiency … ; government policy and regulation, international financial markets, funding policy ; financial risk and risk management ; capital …

' regulatory capital on the transmission of monetary policy in a system of liquidity networks. The dynamic panel regression results … provide evidence in favor of the bank capital channel theory. Banks holding less regulatory capital and less interbank … liquidity react more restrictively to a monetary tightening than their peers. …

’ regulatory capital on the transmission of monetary policy in a system of liquidity networks. The dynamic panel regression results … provide evidence in favor of the bank capital channel theory. Banks holding less regulatory capital and less interbank … liquidity react more restrictively to a monetary tightening than their peers. …

' regulatory capital on the transmission of monetary policy in a system of liquidity networks. The dynamic panel regression results … provide evidence in favor of the bank capital channel theory. Banks holding less regulatory capital and less interbank … liquidity react more restrictively to a monetary tightening than their peers …