THE MACROECONOMIC IMPLICATIONS OF CAPITAL ADEQUACY REQUIREMENTS FOR BANKS

被引：78

作者：

BLUM, J

HELLWIG, M

机构：

[1] Institut für Volkswirtschaft, University of Basel, CH-4003 Basel, P.O. Box

来源：

EUROPEAN ECONOMIC REVIEW | 1995年 / 39卷 / 3-4期

关键词：

BANKING REGULATION; CAPITAL ADEQUACY REQUIREMENTS; MACROECONOMIC FLUCTUATIONS;

D O I：

10.1016/0014-2921(94)00081-A

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Capital adequacy regulation for banks may reinforce macroeconomic fluctuations: If negative shocks to aggregate demand reduce the ability of firms to service their debts to banks, this reduction in debt service lowers bank equity, and, because of capital adequacy requirements, this in turn reduces bank lending and industry investment.

引用

页码：739 / 749

页数：11

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