This paper compares alternative procedures to mitigate the procyclicality of the new risk-sensitive bank capital …

This paper compares alternative procedures to mitigate the procyclicality of the new risk-sensitive bank capital …

unpleasant effects on bank lending. Imposing countercyclical capital adequacy ratio may amplify procyclicality or result in …

low, so it may end up exacerbating the inherent pro-cyclicality of risk-sensitive bank capital regulation. We also note … that Basel III does not address pro-cyclicality in any other way. We propose a fully rule-based smoothing of minimum …

low, so it may end up exacerbating the inherent pro-cyclicality of risk-sensitive bank capital regulation. We also note … that Basel III does not address pro-cyclicality in any other way. We propose a fully rule-based smoothing of minimum …

The current debate on the possible procyclicality of the new Basel Accord pays little attention to the procyclicality …

The current debate on the possible procyclicality of the new Basel Accord pays little attention to the procyclicality …

introduction of an aggregate technology shock into a partial equilibrium version of the model supports the Basel II procyclicality …

Recently a number of studies on banking systems’ procyclicality have been drawn. Such an issue, often developed as a … may produce a long term effect following or amplifying fluctuations through finance. For this reason procyclicality may … case studies, but it has not been verified in quantitative terms, yet. Thus, this paper aims to verify procyclicality of …