Tools
Sorted by:
Try your query at:
 |
 |
 |
 |
 |
 |
Results 11 - 20
of
1,672
1 Regulatory Capitalism: Policy Irritants and Convergent Divergence
"... The concluding part of this volume may be the right place to discuss the issue of the outcomes of regulatory capitalism. The analysis so far has only touched on the outcomes, and even here we cannot offer more than some suggestions on how to approach the issue. Not only is the new order still in the ..."
Abstract
- Add to MetaCart
The concluding part of this volume may be the right place to discuss the issue of the outcomes of regulatory capitalism. The analysis so far has only touched on the outcomes, and even here we cannot offer more than some suggestions on how to approach the issue. Not only is the new order still
DEFFERED TAX ASSETS AND BANK REGULATORY CAPITAL By
, 2012
"... Link to publication Citation for published version (APA): Gallemore, J. (2012). Deferred Tax Assests and Bank Regulatory Capital. (EBC Discussion Paper; Vol. 2012-022). Tilburg: EBC. General rights Copyright and moral rights for the publications made accessible in the public portal are retained by t ..."
Abstract
- Add to MetaCart
Link to publication Citation for published version (APA): Gallemore, J. (2012). Deferred Tax Assests and Bank Regulatory Capital. (EBC Discussion Paper; Vol. 2012-022). Tilburg: EBC. General rights Copyright and moral rights for the publications made accessible in the public portal are retained
Cmbs subordination, ratings inflation, and regulatory-capital arbitrage
, 2011
"... Using detailed origination and performance data on a comprehensive sample of CMBS deals, along with their underlying loans and a set of similarly rated residential MBS, we apply reduced-form and structural modeling strategies to test for regulatory-capital arbitrage and ratings inflation in the CMBS ..."
Abstract
-
Cited by 7 (1 self)
- Add to MetaCart
Using detailed origination and performance data on a comprehensive sample of CMBS deals, along with their underlying loans and a set of similarly rated residential MBS, we apply reduced-form and structural modeling strategies to test for regulatory-capital arbitrage and ratings inflation
The Link between Default and Recovery Rates: Effects on the Procyclicality of Regulatory Capital Ratios, BIS Working Papers, No 113.
, 2002
"... ..."
Bank capital structure, regulatory capital and securities innovations
- Journal of Money, Credit and Banking
, 2003
"... ..."
Does Regulatory Capital Arbitrage, Reputation, or Asymmetric Information Drive Securitization
- Journal of Financial Services Research
, 2005
"... Banks can choose to keep loans on balance sheet as private debt or transform them into public debt via asset securitization. Securitization transfers credit and interest rate risk, increases liquidity, augments fee income, and improves capital ratios. Yet many lenders still retain a portion of their ..."
Abstract
-
Cited by 25 (1 self)
- Add to MetaCart
of their loans in portfolio. Do lenders exploit asymmetric information to sell riskier loans into the public markets or retain riskier loans in portfolio? If riskier loans are indeed retained in portfolio, is this motivated by regulatory capital incentives (regulatory capital arbitrage), or a concern
Managing Financial Reports of Commercial Banks: The Influence of Taxes, Regulatory Capital and Earnings
, 1994
"... : This paper examines whether managerial discretion over loan loss accruals, accounting related transactions such as sales of investment securities, and financing transactions are used to manage capital, earnings or taxes. We model discretion over these decisions using a system of five equations gen ..."
Abstract
-
Cited by 98 (1 self)
- Add to MetaCart
: This paper examines whether managerial discretion over loan loss accruals, accounting related transactions such as sales of investment securities, and financing transactions are used to manage capital, earnings or taxes. We model discretion over these decisions using a system of five equations
Economic and Regulatory Capital: What is the Difference?,” available at www.abelelizalde.com
, 2005
"... This paper analyzes the determinants of regulatory capital (the minimum required by regulation) and economic capital (the capital that shareholders would choose in absence of regulation) in the context of the single risk factor model that underlies the New Basel Capital Accord (Basel II). The result ..."
Abstract
-
Cited by 2 (1 self)
- Add to MetaCart
This paper analyzes the determinants of regulatory capital (the minimum required by regulation) and economic capital (the capital that shareholders would choose in absence of regulation) in the context of the single risk factor model that underlies the New Basel Capital Accord (Basel II
Regulatory Capital and the Supervision of Financial Institutions: Some Basic Distinctions and Policy Choices
"... Discussion of regulatory capital for banks and other financial intermediaries has tended to focus on very detailed issues, as opposed to the general lay of the land. For instance, regulators have tended to concentrate on increasingly complex formulas designed to calculate minimum regulatory requirem ..."
Abstract
-
Cited by 2 (0 self)
- Add to MetaCart
Discussion of regulatory capital for banks and other financial intermediaries has tended to focus on very detailed issues, as opposed to the general lay of the land. For instance, regulators have tended to concentrate on increasingly complex formulas designed to calculate minimum regulatory
A Theory of Precautionary Regulatory Capital in Banking
, 2006
"... The orthodox assumption in the banking literature is that capital requirements are a binding constraint on banking behaviour. This is in conict with the empir-ical observation that banks hold a bu¤er of capital well in excess of the minimum requirements. This paper develops a model where capital is ..."
Abstract
- Add to MetaCart
is endogenously deter-mined within a pro
t maximising equilibrium. Optimality involves balancing the reduction in expected costs associated with regulatory breach with the excess cost of nancing from increasing capital. We demonstrate that when the equilibrium probability of regulatory breach is less than one
Results 11 - 20
of
1,672
