Systemically Important Banks and Capital Regulation Challenges:
Bank regulation might have contributed to or even reinforced adverse systemic shocks that materialised during the financial crisis. Capital regulation based on risk-weighted assets encourages innovation designed to circumvent regulatory requirements and shifts banks' focus away from their core...
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2012
|
Schriftenreihe: | OECD Economics Department Working Papers
|
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Bank regulation might have contributed to or even reinforced adverse systemic shocks that materialised during the financial crisis. Capital regulation based on risk-weighted assets encourages innovation designed to circumvent regulatory requirements and shifts banks' focus away from their core economic functions. Tighter capital requirements based on risk-weighted assets may further contribute to these skewed incentives. The estimated macroeconomic costs of redirecting banks' attention away from such unconventional business practices are low. During a medium-term adjustment period, for each percentage point of bank equity, regulation that is not based on risk-weighted assets would affect annual GDP growth by -0.02 percentage point more than under the risk-weighted assets framework. Refocusing banks' attention toward their main economic functions is a core requirement for durable financial stability and sustainable economic growth |
Beschreibung: | 1 Online-Ressource (17 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5kg0ps8cq8q6-en |
Internformat
MARC
LEADER | 00000nam a2200000zc 4500 | ||
---|---|---|---|
001 | BV047937213 | ||
003 | DE-604 | ||
007 | cr|uuu---uuuuu | ||
008 | 220413s2012 xx o|||| 00||| eng d | ||
024 | 7 | |a 10.1787/5kg0ps8cq8q6-en |2 doi | |
035 | |a (ZDB-13-SOC)061242152 | ||
035 | |a (OCoLC)1312707661 | ||
035 | |a (DE-599)BVBBV047937213 | ||
040 | |a DE-604 |b ger |e aacr | ||
041 | 0 | |a eng | |
049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
100 | 1 | |a Slovik, Patrick |e Verfasser |4 aut | |
245 | 1 | 0 | |a Systemically Important Banks and Capital Regulation Challenges |c Patrick Slovik = Banques d'importance systémique: défis pour la réglementation du capital / Patrick Slovik |
246 | 1 | 3 | |a Banques d'importance systémique: défis pour la réglementation du capital |
264 | 1 | |a Paris |b OECD Publishing |c 2012 | |
300 | |a 1 Online-Ressource (17 Seiten) |c 21 x 29.7cm | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a OECD Economics Department Working Papers | |
520 | |a Bank regulation might have contributed to or even reinforced adverse systemic shocks that materialised during the financial crisis. Capital regulation based on risk-weighted assets encourages innovation designed to circumvent regulatory requirements and shifts banks' focus away from their core economic functions. Tighter capital requirements based on risk-weighted assets may further contribute to these skewed incentives. The estimated macroeconomic costs of redirecting banks' attention away from such unconventional business practices are low. During a medium-term adjustment period, for each percentage point of bank equity, regulation that is not based on risk-weighted assets would affect annual GDP growth by -0.02 percentage point more than under the risk-weighted assets framework. Refocusing banks' attention toward their main economic functions is a core requirement for durable financial stability and sustainable economic growth | ||
650 | 4 | |a Economics | |
856 | 4 | 0 | |u https://doi.org/10.1787/5kg0ps8cq8q6-en |x Verlag |z kostenfrei |3 Volltext |
912 | |a ZDB-13-SOC | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033318707 |
Datensatz im Suchindex
_version_ | 1818806115722330112 |
---|---|
adam_text | |
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Slovik, Patrick |
author_facet | Slovik, Patrick |
author_role | aut |
author_sort | Slovik, Patrick |
author_variant | p s ps |
building | Verbundindex |
bvnumber | BV047937213 |
collection | ZDB-13-SOC |
ctrlnum | (ZDB-13-SOC)061242152 (OCoLC)1312707661 (DE-599)BVBBV047937213 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1787/5kg0ps8cq8q6-en |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047937213</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2012 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5kg0ps8cq8q6-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061242152</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312707661</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047937213</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Slovik, Patrick</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Systemically Important Banks and Capital Regulation Challenges</subfield><subfield code="c">Patrick Slovik = Banques d'importance systémique: défis pour la réglementation du capital / Patrick Slovik</subfield></datafield><datafield tag="246" ind1="1" ind2="3"><subfield code="a">Banques d'importance systémique: défis pour la réglementation du capital</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2012</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (17 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Economics Department Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Bank regulation might have contributed to or even reinforced adverse systemic shocks that materialised during the financial crisis. Capital regulation based on risk-weighted assets encourages innovation designed to circumvent regulatory requirements and shifts banks' focus away from their core economic functions. Tighter capital requirements based on risk-weighted assets may further contribute to these skewed incentives. The estimated macroeconomic costs of redirecting banks' attention away from such unconventional business practices are low. During a medium-term adjustment period, for each percentage point of bank equity, regulation that is not based on risk-weighted assets would affect annual GDP growth by -0.02 percentage point more than under the risk-weighted assets framework. Refocusing banks' attention toward their main economic functions is a core requirement for durable financial stability and sustainable economic growth</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/5kg0ps8cq8q6-en</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033318707</subfield></datafield></record></collection> |
id | DE-604.BV047937213 |
illustrated | Not Illustrated |
index_date | 2024-07-03T19:35:07Z |
indexdate | 2024-12-18T19:04:39Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033318707 |
oclc_num | 1312707661 |
open_access_boolean | 1 |
owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
physical | 1 Online-Ressource (17 Seiten) 21 x 29.7cm |
psigel | ZDB-13-SOC |
publishDate | 2012 |
publishDateSearch | 2012 |
publishDateSort | 2012 |
publisher | OECD Publishing |
record_format | marc |
series2 | OECD Economics Department Working Papers |
spelling | Slovik, Patrick Verfasser aut Systemically Important Banks and Capital Regulation Challenges Patrick Slovik = Banques d'importance systémique: défis pour la réglementation du capital / Patrick Slovik Banques d'importance systémique: défis pour la réglementation du capital Paris OECD Publishing 2012 1 Online-Ressource (17 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Bank regulation might have contributed to or even reinforced adverse systemic shocks that materialised during the financial crisis. Capital regulation based on risk-weighted assets encourages innovation designed to circumvent regulatory requirements and shifts banks' focus away from their core economic functions. Tighter capital requirements based on risk-weighted assets may further contribute to these skewed incentives. The estimated macroeconomic costs of redirecting banks' attention away from such unconventional business practices are low. During a medium-term adjustment period, for each percentage point of bank equity, regulation that is not based on risk-weighted assets would affect annual GDP growth by -0.02 percentage point more than under the risk-weighted assets framework. Refocusing banks' attention toward their main economic functions is a core requirement for durable financial stability and sustainable economic growth Economics https://doi.org/10.1787/5kg0ps8cq8q6-en Verlag kostenfrei Volltext |
spellingShingle | Slovik, Patrick Systemically Important Banks and Capital Regulation Challenges Economics |
title | Systemically Important Banks and Capital Regulation Challenges |
title_alt | Banques d'importance systémique: défis pour la réglementation du capital |
title_auth | Systemically Important Banks and Capital Regulation Challenges |
title_exact_search | Systemically Important Banks and Capital Regulation Challenges |
title_exact_search_txtP | Systemically Important Banks and Capital Regulation Challenges |
title_full | Systemically Important Banks and Capital Regulation Challenges Patrick Slovik = Banques d'importance systémique: défis pour la réglementation du capital / Patrick Slovik |
title_fullStr | Systemically Important Banks and Capital Regulation Challenges Patrick Slovik = Banques d'importance systémique: défis pour la réglementation du capital / Patrick Slovik |
title_full_unstemmed | Systemically Important Banks and Capital Regulation Challenges Patrick Slovik = Banques d'importance systémique: défis pour la réglementation du capital / Patrick Slovik |
title_short | Systemically Important Banks and Capital Regulation Challenges |
title_sort | systemically important banks and capital regulation challenges |
topic | Economics |
topic_facet | Economics |
url | https://doi.org/10.1787/5kg0ps8cq8q6-en |
work_keys_str_mv | AT slovikpatrick systemicallyimportantbanksandcapitalregulationchallenges AT slovikpatrick banquesdimportancesystemiquedefispourlareglementationducapital |