Dagher, Jihad C.; Dell'Ariccia, Giovanni; Laeven, Luc; … - 2016
The appropriate level of bank capital and, more generally, a bank's capacity to absorb losses, has been at the core of … to avoid imposing losses on bank creditors or resorting to public recapitalizations of banks in past banking crises. The … bank credit and lending rates. Its findings broadly support the range of loss absorbency suggested by the Financial …
