| dc.creator |
Stolz, Stéphanie |
|
| dc.creator |
Wedow, Michael |
|
| dc.date |
2005 |
|
| dc.date.accessioned |
2013-10-16T07:06:34Z |
|
| dc.date.available |
2013-10-16T07:06:34Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/19740 |
|
| dc.identifier |
ppn:49845763X |
|
| dc.identifier |
RePEc:zbw:bubdp2:4262 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19740 |
|
| dc.description |
This paper analyzes the effect of the business cycle on the regulatory capital buffer of German savings and cooperative banks in the period 1993-2003. The capital buffer is found to fluctuate anticyclically over the business cycle. The fluctuation is stronger for savings banks than for cooperative banks, as, for savings banks, risk-weighted assets fluctuate more strongly with the business cycle. Further, low-capitalized banks do not catch up with their wellcapitalized peers. The gap between low-capitalized and well capitalized banks even widened over the observation period. Finally, low-capitalized banks do not decrease risk-weighted assets in a business cycle downturn by more than well-capitalized banks. This finding seems to imply that their low capitalization does not force them to retreat from lending. |
|
| dc.language |
eng |
|
| dc.relation |
Discussion Paper, Series 2: Banking and Financial Supervision 2005,07 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
G21 |
|
| dc.subject |
G28 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Capital Regulation |
|
| dc.subject |
Bank Capital |
|
| dc.subject |
Business Cycle Fluctuations |
|
| dc.subject |
Eigenkapitalvorschriften |
|
| dc.subject |
Bankenliquidität |
|
| dc.subject |
Konjunktur |
|
| dc.subject |
Sparkasse |
|
| dc.subject |
Kreditgenossenschaft |
|
| dc.subject |
Makroökonomischer Einfluß |
|
| dc.subject |
Schätzung |
|
| dc.subject |
Deutschland |
|
| dc.title |
Banks' regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks |
|
| dc.type |
doc-type:workingPaper |
|