The right balance for banks :: theory and evidence on optimal capital requirements /
The global financial crisis produced an important agreement among regulators in 2010'11 to raise capital requirements for banks to protect them from insolvency in the event of another emergency. In this book, William R. Cline, a leading expert on the global financial system, employs sophisticat...
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, DC :
Peterson Institute for International Economics,
[2016]
|
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The global financial crisis produced an important agreement among regulators in 2010'11 to raise capital requirements for banks to protect them from insolvency in the event of another emergency. In this book, William R. Cline, a leading expert on the global financial system, employs sophisticated economic models to analyze whether these reforms, embodied in the Third Basel Accord, have gone far enough. He calculates how much higher bank capital reduces the risk of banking crises, providing a benefit to the economy. On the cost side, he estimates how much higher capital requirements raise the lending rate facing firms, reducing investment in plant and equipment and thus reducing output in the economy. Applying a plausible range of parameters, Cline arrives at estimates for the optimal level of equity capital relative to total bank assets. This study also challenges the recent "too much finance" literature, which holds that in advanced countries banking sectors are already too large and are curbing growth. |
Beschreibung: | 1 online resource |
Bibliographie: | Includes bibliographical references. |
ISBN: | 0881327220 9780881327229 |
Internformat
MARC
LEADER | 00000cam a22000008i 4500 | ||
---|---|---|---|
001 | ZDB-4-EBA-ocn961098758 | ||
003 | OCoLC | ||
005 | 20241004212047.0 | ||
006 | m o d | ||
007 | cr ||||||||||| | ||
008 | 161021s2017 dcu ob 000 0 eng | ||
010 | |a 2016048685 | ||
040 | |a DLC |b eng |e rda |e pn |c DLC |d OCLCO |d OCLCQ |d OCLCA |d YDX |d EBLCP |d MERUC |d OCLCQ |d NJR |d IDB |d OCLCF |d EZ9 |d OCLCQ |d OL$ |d OCLCQ |d RECBK |d N$T |d OCLCQ |d UKAHL |d OCLCO |d OCLCQ |d OCLCO |d HOPLA | ||
019 | |a 1023554073 | ||
020 | |a 0881327220 | ||
020 | |a 9780881327229 |q (electronic bk.) | ||
020 | |z 9780881327212 | ||
035 | |a (OCoLC)961098758 |z (OCoLC)1023554073 | ||
042 | |a pcc | ||
050 | 1 | 0 | |a HG1616.C34 |
082 | 7 | |a 332.1 |2 23 | |
049 | |a MAIN | ||
100 | 1 | |a Cline, William R., |e author. | |
245 | 1 | 4 | |a The right balance for banks : |b theory and evidence on optimal capital requirements / |c William R. Cline. |
263 | |a 1703 | ||
264 | 1 | |a Washington, DC : |b Peterson Institute for International Economics, |c [2016] | |
300 | |a 1 online resource | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b n |2 rdamedia | ||
338 | |a online resource |b nc |2 rdacarrier | ||
504 | |a Includes bibliographical references. | ||
505 | 0 | |a Overview -- A survey of literature on optimal capital requirements for banks -- Testing the Modigliani-Miller theorem of capital structure irrelevance -- For banks -- Benefits and costs of higher capital requirements for banks -- Total loss-absorbing capacity (TLAC) for large banks -- A critical evaluation of the "too much finance" literature -- References. | |
588 | 0 | |a Print version record and CIP data provided by publisher; resource not viewed. | |
520 | |a The global financial crisis produced an important agreement among regulators in 2010'11 to raise capital requirements for banks to protect them from insolvency in the event of another emergency. In this book, William R. Cline, a leading expert on the global financial system, employs sophisticated economic models to analyze whether these reforms, embodied in the Third Basel Accord, have gone far enough. He calculates how much higher bank capital reduces the risk of banking crises, providing a benefit to the economy. On the cost side, he estimates how much higher capital requirements raise the lending rate facing firms, reducing investment in plant and equipment and thus reducing output in the economy. Applying a plausible range of parameters, Cline arrives at estimates for the optimal level of equity capital relative to total bank assets. This study also challenges the recent "too much finance" literature, which holds that in advanced countries banking sectors are already too large and are curbing growth. | ||
650 | 0 | |a Bank capital. |0 http://id.loc.gov/authorities/subjects/sh85011559 | |
650 | 0 | |a Asset requirements. |0 http://id.loc.gov/authorities/subjects/sh2003003603 | |
650 | 0 | |a Banks and banking. |0 http://id.loc.gov/authorities/subjects/sh85011609 | |
650 | 0 | |a Bank failures |x Prevention. | |
650 | 0 | |a Financial crises |x Prevention. | |
650 | 6 | |a Banques |x Capital. | |
650 | 7 | |a BUSINESS & ECONOMICS |x Banks & Banking. |2 bisacsh | |
650 | 7 | |a Asset requirements |2 fast | |
650 | 7 | |a Bank capital |2 fast | |
650 | 7 | |a Banks and banking |2 fast | |
650 | 7 | |a Financial crises |x Prevention |2 fast | |
776 | 0 | 8 | |i Print version: |a Cline, William R. |t Right balance for banks. |d Washington, DC : Peterson Institute for International Economics, [2016] |z 9780881327212 |w (DLC) 2016035251 |
856 | 4 | 0 | |l FWS01 |p ZDB-4-EBA |q FWS_PDA_EBA |u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1810556 |3 Volltext |
938 | |a hoopla Digital |b HOPL |n MWT11960358 | ||
938 | |a Askews and Holts Library Services |b ASKH |n AH31955872 | ||
938 | |a EBL - Ebook Library |b EBLB |n EBL5276218 | ||
938 | |a EBSCOhost |b EBSC |n 1810556 | ||
938 | |a Recorded Books, LLC |b RECE |n rbeEB00797839 | ||
938 | |a YBP Library Services |b YANK |n 15156559 | ||
994 | |a 92 |b GEBAY | ||
912 | |a ZDB-4-EBA | ||
049 | |a DE-863 |
Datensatz im Suchindex
DE-BY-FWS_katkey | ZDB-4-EBA-ocn961098758 |
---|---|
_version_ | 1816882366346428416 |
adam_text | |
any_adam_object | |
author | Cline, William R. |
author_facet | Cline, William R. |
author_role | aut |
author_sort | Cline, William R. |
author_variant | w r c wr wrc |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HG1616 |
callnumber-raw | HG1616.C34 |
callnumber-search | HG1616.C34 |
callnumber-sort | HG 41616 C34 |
callnumber-subject | HG - Finance |
collection | ZDB-4-EBA |
contents | Overview -- A survey of literature on optimal capital requirements for banks -- Testing the Modigliani-Miller theorem of capital structure irrelevance -- For banks -- Benefits and costs of higher capital requirements for banks -- Total loss-absorbing capacity (TLAC) for large banks -- A critical evaluation of the "too much finance" literature -- References. |
ctrlnum | (OCoLC)961098758 |
dewey-full | 332.1 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.1 |
dewey-search | 332.1 |
dewey-sort | 3332.1 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03930cam a22006138i 4500</leader><controlfield tag="001">ZDB-4-EBA-ocn961098758</controlfield><controlfield tag="003">OCoLC</controlfield><controlfield tag="005">20241004212047.0</controlfield><controlfield tag="006">m o d </controlfield><controlfield tag="007">cr |||||||||||</controlfield><controlfield tag="008">161021s2017 dcu ob 000 0 eng </controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a"> 2016048685</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DLC</subfield><subfield code="b">eng</subfield><subfield code="e">rda</subfield><subfield code="e">pn</subfield><subfield code="c">DLC</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCA</subfield><subfield code="d">YDX</subfield><subfield code="d">EBLCP</subfield><subfield code="d">MERUC</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">NJR</subfield><subfield code="d">IDB</subfield><subfield code="d">OCLCF</subfield><subfield code="d">EZ9</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OL$</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">RECBK</subfield><subfield code="d">N$T</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">UKAHL</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">HOPLA</subfield></datafield><datafield tag="019" ind1=" " ind2=" "><subfield code="a">1023554073</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0881327220</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780881327229</subfield><subfield code="q">(electronic bk.)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="z">9780881327212</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)961098758</subfield><subfield code="z">(OCoLC)1023554073</subfield></datafield><datafield tag="042" ind1=" " ind2=" "><subfield code="a">pcc</subfield></datafield><datafield tag="050" ind1="1" ind2="0"><subfield code="a">HG1616.C34</subfield></datafield><datafield tag="082" ind1="7" ind2=" "><subfield code="a">332.1</subfield><subfield code="2">23</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">MAIN</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Cline, William R.,</subfield><subfield code="e">author.</subfield></datafield><datafield tag="245" ind1="1" ind2="4"><subfield code="a">The right balance for banks :</subfield><subfield code="b">theory and evidence on optimal capital requirements /</subfield><subfield code="c">William R. Cline.</subfield></datafield><datafield tag="263" ind1=" " ind2=" "><subfield code="a">1703</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, DC :</subfield><subfield code="b">Peterson Institute for International Economics,</subfield><subfield code="c">[2016]</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="504" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references.</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">Overview -- A survey of literature on optimal capital requirements for banks -- Testing the Modigliani-Miller theorem of capital structure irrelevance -- For banks -- Benefits and costs of higher capital requirements for banks -- Total loss-absorbing capacity (TLAC) for large banks -- A critical evaluation of the "too much finance" literature -- References.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Print version record and CIP data provided by publisher; resource not viewed.</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">The global financial crisis produced an important agreement among regulators in 2010'11 to raise capital requirements for banks to protect them from insolvency in the event of another emergency. In this book, William R. Cline, a leading expert on the global financial system, employs sophisticated economic models to analyze whether these reforms, embodied in the Third Basel Accord, have gone far enough. He calculates how much higher bank capital reduces the risk of banking crises, providing a benefit to the economy. On the cost side, he estimates how much higher capital requirements raise the lending rate facing firms, reducing investment in plant and equipment and thus reducing output in the economy. Applying a plausible range of parameters, Cline arrives at estimates for the optimal level of equity capital relative to total bank assets. This study also challenges the recent "too much finance" literature, which holds that in advanced countries banking sectors are already too large and are curbing growth.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Bank capital.</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh85011559</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Asset requirements.</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh2003003603</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Banks and banking.</subfield><subfield code="0">http://id.loc.gov/authorities/subjects/sh85011609</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Bank failures</subfield><subfield code="x">Prevention.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Financial crises</subfield><subfield code="x">Prevention.</subfield></datafield><datafield tag="650" ind1=" " ind2="6"><subfield code="a">Banques</subfield><subfield code="x">Capital.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS</subfield><subfield code="x">Banks & Banking.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Asset requirements</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Bank capital</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Banks and banking</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Financial crises</subfield><subfield code="x">Prevention</subfield><subfield code="2">fast</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Print version:</subfield><subfield code="a">Cline, William R.</subfield><subfield code="t">Right balance for banks.</subfield><subfield code="d">Washington, DC : Peterson Institute for International Economics, [2016]</subfield><subfield code="z">9780881327212</subfield><subfield code="w">(DLC) 2016035251</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-4-EBA</subfield><subfield code="q">FWS_PDA_EBA</subfield><subfield code="u">https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1810556</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">hoopla Digital</subfield><subfield code="b">HOPL</subfield><subfield code="n">MWT11960358</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">Askews and Holts Library Services</subfield><subfield code="b">ASKH</subfield><subfield code="n">AH31955872</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBL - Ebook Library</subfield><subfield code="b">EBLB</subfield><subfield code="n">EBL5276218</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBSCOhost</subfield><subfield code="b">EBSC</subfield><subfield code="n">1810556</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">Recorded Books, LLC</subfield><subfield code="b">RECE</subfield><subfield code="n">rbeEB00797839</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">YBP Library Services</subfield><subfield code="b">YANK</subfield><subfield code="n">15156559</subfield></datafield><datafield tag="994" ind1=" " ind2=" "><subfield code="a">92</subfield><subfield code="b">GEBAY</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-4-EBA</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
id | ZDB-4-EBA-ocn961098758 |
illustrated | Not Illustrated |
indexdate | 2024-11-27T13:27:28Z |
institution | BVB |
isbn | 0881327220 9780881327229 |
language | English |
lccn | 2016048685 |
oclc_num | 961098758 |
open_access_boolean | |
owner | MAIN DE-863 DE-BY-FWS |
owner_facet | MAIN DE-863 DE-BY-FWS |
physical | 1 online resource |
psigel | ZDB-4-EBA |
publishDate | 2016 |
publishDateSearch | 2017 |
publishDateSort | 2017 |
publisher | Peterson Institute for International Economics, |
record_format | marc |
spelling | Cline, William R., author. The right balance for banks : theory and evidence on optimal capital requirements / William R. Cline. 1703 Washington, DC : Peterson Institute for International Economics, [2016] 1 online resource text txt rdacontent computer n rdamedia online resource nc rdacarrier Includes bibliographical references. Overview -- A survey of literature on optimal capital requirements for banks -- Testing the Modigliani-Miller theorem of capital structure irrelevance -- For banks -- Benefits and costs of higher capital requirements for banks -- Total loss-absorbing capacity (TLAC) for large banks -- A critical evaluation of the "too much finance" literature -- References. Print version record and CIP data provided by publisher; resource not viewed. The global financial crisis produced an important agreement among regulators in 2010'11 to raise capital requirements for banks to protect them from insolvency in the event of another emergency. In this book, William R. Cline, a leading expert on the global financial system, employs sophisticated economic models to analyze whether these reforms, embodied in the Third Basel Accord, have gone far enough. He calculates how much higher bank capital reduces the risk of banking crises, providing a benefit to the economy. On the cost side, he estimates how much higher capital requirements raise the lending rate facing firms, reducing investment in plant and equipment and thus reducing output in the economy. Applying a plausible range of parameters, Cline arrives at estimates for the optimal level of equity capital relative to total bank assets. This study also challenges the recent "too much finance" literature, which holds that in advanced countries banking sectors are already too large and are curbing growth. Bank capital. http://id.loc.gov/authorities/subjects/sh85011559 Asset requirements. http://id.loc.gov/authorities/subjects/sh2003003603 Banks and banking. http://id.loc.gov/authorities/subjects/sh85011609 Bank failures Prevention. Financial crises Prevention. Banques Capital. BUSINESS & ECONOMICS Banks & Banking. bisacsh Asset requirements fast Bank capital fast Banks and banking fast Financial crises Prevention fast Print version: Cline, William R. Right balance for banks. Washington, DC : Peterson Institute for International Economics, [2016] 9780881327212 (DLC) 2016035251 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1810556 Volltext |
spellingShingle | Cline, William R. The right balance for banks : theory and evidence on optimal capital requirements / Overview -- A survey of literature on optimal capital requirements for banks -- Testing the Modigliani-Miller theorem of capital structure irrelevance -- For banks -- Benefits and costs of higher capital requirements for banks -- Total loss-absorbing capacity (TLAC) for large banks -- A critical evaluation of the "too much finance" literature -- References. Bank capital. http://id.loc.gov/authorities/subjects/sh85011559 Asset requirements. http://id.loc.gov/authorities/subjects/sh2003003603 Banks and banking. http://id.loc.gov/authorities/subjects/sh85011609 Bank failures Prevention. Financial crises Prevention. Banques Capital. BUSINESS & ECONOMICS Banks & Banking. bisacsh Asset requirements fast Bank capital fast Banks and banking fast Financial crises Prevention fast |
subject_GND | http://id.loc.gov/authorities/subjects/sh85011559 http://id.loc.gov/authorities/subjects/sh2003003603 http://id.loc.gov/authorities/subjects/sh85011609 |
title | The right balance for banks : theory and evidence on optimal capital requirements / |
title_auth | The right balance for banks : theory and evidence on optimal capital requirements / |
title_exact_search | The right balance for banks : theory and evidence on optimal capital requirements / |
title_full | The right balance for banks : theory and evidence on optimal capital requirements / William R. Cline. |
title_fullStr | The right balance for banks : theory and evidence on optimal capital requirements / William R. Cline. |
title_full_unstemmed | The right balance for banks : theory and evidence on optimal capital requirements / William R. Cline. |
title_short | The right balance for banks : |
title_sort | right balance for banks theory and evidence on optimal capital requirements |
title_sub | theory and evidence on optimal capital requirements / |
topic | Bank capital. http://id.loc.gov/authorities/subjects/sh85011559 Asset requirements. http://id.loc.gov/authorities/subjects/sh2003003603 Banks and banking. http://id.loc.gov/authorities/subjects/sh85011609 Bank failures Prevention. Financial crises Prevention. Banques Capital. BUSINESS & ECONOMICS Banks & Banking. bisacsh Asset requirements fast Bank capital fast Banks and banking fast Financial crises Prevention fast |
topic_facet | Bank capital. Asset requirements. Banks and banking. Bank failures Prevention. Financial crises Prevention. Banques Capital. BUSINESS & ECONOMICS Banks & Banking. Asset requirements Bank capital Banks and banking Financial crises Prevention |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1810556 |
work_keys_str_mv | AT clinewilliamr therightbalanceforbankstheoryandevidenceonoptimalcapitalrequirements AT clinewilliamr rightbalanceforbankstheoryandevidenceonoptimalcapitalrequirements |