provisions estimate of banks. While bank credit risk teams are sometimes mesmerised by the short-term benefits of provisions … games, they do not care if their behaviour destroys bank value and the informativeness of loan loss provisioning estimates …. While it is not difficult for bank managers and analysts to understand that the provisioning process is subject to gaming …

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 …

to be held on bank portfolios, rather than sold. I measure the capital ratio (the inverse of the leverage ratio, defined … as equity divided by asset value) for each bank at the time of each loan's origination. After controlling for both bank … results are robust to an instrumental variables strategy for predicting bank capital, a wide range of measures of bank capital …

We study the impact of higher bank capital buffers, namely of the Other Systemically Important Institutions (O …

corresponding imperfect substitutability between private and commercial credit for the entrepreneur's relationship bank is then …

relationship between LGD and default date, workout period, loan modification, asset size, bank characteristics, geography, lien …

model of Shrieves and Dahl (1992), and the model for bank portfolio behaviour developed by Berger and Udell (1994). In our …

. We use a unique database for the French banking sector between 2003 and 2011 combining confidential bank-level Bank …

We estimate the effect of changes in microprudential regulatory capital requirements on bank capital ratios and bank … lending. We do so by running panel regressions using a rich new data set, exploiting variation in individual bank capital … mostly recovers within three years. While estimated over a different policy regime and at the individual bank level, these …