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Impact of Changes in the Global Financial Regulatory Landscape on Asian Emerging Markets
Watanagase, Tarisa - East Asian Bureau of Economic Research (EABER) - 2012
This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations … of Basel III in order to evaluate their likely implications for, and their ability to enhance, the stability of the …
Persistent link: https://www.econbiz.de/10011278051
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Impact of changes in the global financial regulatory landscape on Asian emerging markets
Watanagase, Tarisa - 2012
This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations … of Basel III in order to evaluate their likely implications for, and their ability to enhance, the stability of the …
Persistent link: https://www.econbiz.de/10010397330
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Impact of Changes in the Global Financial Regulatory Landscape on Asian Emerging Markets
Watanagase, Tarisa - Asian Development Bank Institute, Asian Development Bank - 2012
This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations … of Basel III in order to evaluate their likely implications for, and their ability to enhance, the stability of the …
Persistent link: https://www.econbiz.de/10010840165
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Debt overhang and capital regulation
Admati, Anat R.; DeMarzo, Peter M.; Hellwig, Martin F.; … - 2012
We analyze shareholders' incentives to change the leverage of a firm that has already borrowed substantially. As a result of debt overhang, shareholders have incentives to resist reductions in leverage that make the remaining debt safer. This resistance is present even without any government...
Persistent link: https://www.econbiz.de/10010323860
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Fallacies, irrelevant facts, and myths in the discussion of capital regulation: Why bank equity is not socially expensive
Admati, Anat R.; DeMarzo, Peter M.; Hellwig, Martin; … - 2013
allowed, for example, by the Basel III agreement is not necessary for banks to perform all their socially valuable functions …
Persistent link: https://www.econbiz.de/10010334527
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Bank leverage, welfare, and regulation
Admati, Anat R.; Hellwig, Martin - 2018
We take issue with claims that the funding mix of banks, which makes them fragile and crisisprone, is efficient because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy that banks' distress and default cause, such claims are...
Persistent link: https://www.econbiz.de/10012110569
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Analysis of Granularity Adjustment for Regulatory Capital
Krali, Mario; Gurov, Andrey - In: Journal of Central Banking Theory and Practice 8 (2019) 3, pp. 111-132
The lack of portfolio granularity in terms of exposure has been shown to have important implications for the amount of a financial institution’s economic capital. Based on a numerical simulation model, we provide concrete examples of how granularity affects capital levels. We achieve this by...
Persistent link: https://www.econbiz.de/10012217923
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Modelling systemically important banks vis-à-vis the basel prudential guidelines
Salim, M. Zulkifli; Daly, Kevin James - In: Journal of Risk and Financial Management 14 (2021) 7, pp. 1-20
expected shortfall (MES), and SRISK-to compare with the Basel guidelines as benchmark. We use Indonesian banks' market and … concordance with the Basel guidelines as applied by a bank supervisor. The findings show that SRISK produced a more consistent …. Further, all theoretical models are in line with the Basel guidelines, where the closest approximation is at 47%. The results …
Persistent link: https://www.econbiz.de/10013200979
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Month-end regularities in the overnight bank funding markets
Baig, Ahmed S.; Winters, Drew B. - In: Journal of Risk and Financial Management 14 (2021) 5, pp. 1-16
suggest that short-term liquidity requirements of the Basel III reforms are, in part, responsible for the regularity in fed …
Persistent link: https://www.econbiz.de/10012611761
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Fallacies, irrelevant facts, and myths in the discussion of capital regulation: Why bank equity is not expensive
Admati, Anat R.; DeMarzo, Peter M.; Hellwig, Martin; … - 2010
We examine the pervasive view that equity is expensive which leads to claims that high capital requirements are costly and would affect credit markets adversely. We find that arguments made to support this view are either fallacious, irrelevant, or very weak. For example, the return on equity...
Persistent link: https://www.econbiz.de/10010286715