The regulation of bank capital as a means of smoothing the credit cycle is a central element of forthcoming macro …-prudential regimes internationally. For such regulation to be effective in controlling the aggregate supply of credit it must be the case …

The regulation of bank capital to improve the resilience of the financial system and, related to this aim, as a means … regulation to be effective in controlling the aggregate supply of credit: (i) changes in capital requirements need to affect loan …

This paper examines capital adequacy regulation in Germany. After a short overview about financial regulation in … Germany in general, the paper focuses on the most important development in the area of capital adequacy regulation from the … models for financial regulation is problematic. Finally, some suggestions of how the problems could be addressed are given. …