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Portfolio effects and efficiency of lending under Basel II

Jokivuolle, Esa; Vesala, Timo - 2007

of Basel II on the efficiency of bank lending. We consider competitive credit markets where entrepreneurs may apply for … the cyclicality of bank lending over the business cycle. …

Persistent link: https://www.econbiz.de/10012148002

Credit allocation, capital requirements and procyclicality

Jokivuolle, Esa; Kiema, Ilkka; Vesala, Timo - 2009

Although beneficial allocational effects have been a central motivator for the Basel II capital adequacy reform, the interaction of these effects with Basel II's procyclical impact has been less discussed. In this paper, we investigate the effect of capital requirements on the allocation of...

Persistent link: https://www.econbiz.de/10012148075

Credit allocation, capital requirements and output

Jokivuolle, Esa; Kiema, Ilkka; Vesala, Timo - 2010

We show how banks excessive risk-taking, stemming from informational asymmetries in loan markets, can lead to an excessive output loss when a recession starts. Risk-based capital requirements can alleviate the output loss by reducing excessive risk-taking in normal times. Model simulations...

Persistent link: https://www.econbiz.de/10012148105

Leverage ratio requirement and credit allocation and bank stability

Kiema, Ilkka; Jokivuolle, Esa - 2011

We study the effects on credit allocation and bank stability of introducing a leverage ratio requirement (LRR) on top … current 3% LRR might even reduce bank stability, counter to regulatory intentions. This is because the allocational effect … caused by the LRR, which makes bank loan portfolios more alike, may turn beneficial risk spreading into harmful risk …

Persistent link: https://www.econbiz.de/10012148120

Does a leverage ratio requirement increase bank stability?

Kiema, Ilkka; Jokivuolle, Esa - In: Journal of Banking & Finance 39 (2014) C, pp. 240-254

the LRR is no longer the binding capital constraint on them. If the LRR is lower than the average bank’s IRB requirement …

Persistent link: https://www.econbiz.de/10010730421

Credit allocation, capital requirements and procyclicality

Jokivuolle, Esa; Kiema, Ilkka; Vesala, Timo - Suomen Pankki - 2009

Although beneficial allocational effects have been a central motivator for the Basel II capital adequacy reform, the interaction of these effects with Basel II’s procyclical impact has been less discussed. In this paper, we investigate the effect of capital requirements on the allocation of...

Persistent link: https://www.econbiz.de/10008496441

Portfolio effects and efficiency of lending under Basel II

Jokivuolle, Esa; Vesala, Timo - Suomen Pankki - 2007

of Basel II on the efficiency of bank lending. We consider competitive credit markets where entrepreneurs may apply for … the cyclicality of bank lending over the business cycle. …

Persistent link: https://www.econbiz.de/10005648952

Leverage ratio requirement, credit allocation and bank stability

Kiema, Ilkka; Jokivuolle, Esa - Suomen Pankki - 2011

Persistent link: https://www.econbiz.de/10009003108

Credit allocation, capital requirements and output

Jokivuolle, Esa; Kiema, Ilkka; Vesala, Timo - Suomen Pankki - 2010

We show how banks’ excessive risk-taking, stemming from informational asymmetries in loan markets, can lead to an excessive output loss when a recession starts. Risk-based capital requirements can alleviate the output loss by reducing excessive risk-taking in ‘normal’ times. Model...

Persistent link: https://www.econbiz.de/10008774238

Kapitalmärkte und Banken : Formen der Informationsverarbeitung als konstitutives Merkmal

Tyrell, Marcel - 2003 - 1. Aufl.

Persistent link: https://www.econbiz.de/10001776753