Cart
Free US shipping over $10
Proud to be B-Corp

Bank Capital and Risk-Taking Stephanie M. Stolz

Bank Capital and Risk-Taking By Stephanie M. Stolz

Bank Capital and Risk-Taking by Stephanie M. Stolz


$141.59
Condition - New
Only 2 left

Summary

The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. The aim of this study is to contribute to this understanding by answering the following questions: How do banks adjust capital and risk after an increase in capital requirements?

Bank Capital and Risk-Taking Summary

Bank Capital and Risk-Taking: The Impact of Capital Regulation, Charter Value, and the Business Cycle by Stephanie M. Stolz

The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. Yet, the impact of capital re quirements on banks' behavior is not fully understood. The aim of this study is to contribute to this understanding by answering the following questions: How do banks adjust capital and risk after an increase in capital requirements? How do banks adjust their regulatory capital buffer over the business cycle? And what is the impact of banks' charter value on the regulatory capital buffer? The research undertaken for this study has benefited from support in terms of ideas, research facilities, and, not least, financial funding. My thanks go first of all to Claudia M. Buch for her constant encouragement, her continuous guidance, and her confidence in my research ideas. My thanks go also to the Kiel Institute for World Economics and its staff for providing a very fertile academic ground for my research and for providing excellent research facilities. In fact, conduct ing this study would not have been possible without the support of my colleagues at the Kiel Institute and elsewhere. In particular, I am grateful to Horst Siebert for providing me the freedom to pursue this topic. My special thanks go to Jorg Breitung, Kai Carstensen, and Dieter Urban for providing input on econometric issues. I am also grateful to Andrea Schertler for the long and productive discus sions I had on various parts of this study.

Table of Contents

Theoretical Literature.- Capital and Risk Adjustments after an Increase in Capital Requirements.- Capital and Risk Adjustments over the Business Cycle.- The Disciplining Effect of Charter Value on Risk-Taking.- Final Remarks.

Additional information

NPB9783540485445
9783540485445
3540485449
Bank Capital and Risk-Taking: The Impact of Capital Regulation, Charter Value, and the Business Cycle by Stephanie M. Stolz
New
Hardback
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
2007-06-21
151
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Bank Capital and Risk-Taking