5106293
9783540485445
"The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. Yet, the impact of capital requirements 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?"--BOOK JACKET.Stolz, Stéphanie is the author of 'Bank Capital and Risk-taking The Impact of Capital Regulation, Charter Value, and the Business Cycle', published 2007 under ISBN 9783540485445 and ISBN 3540485449.
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