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Author/Editor:
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Francis Vitek ; Scott Roger
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Publication Date:
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February 01, 2012
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Electronic Access:
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Free Full text
(PDF file size is 1,171KB).
Use the free
Adobe Acrobat Reader
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
This paper examines the transitional macroeconomic costs of a synchronized global increase in bank capital adequacy requirements under Basel III, as well as a capital increase covering globally systemically important banks. The analysis, using an estimated multi-country model, contributed to the work of the Macroeconomic Assessment Group analysis, especially in estimating the potential international spillovers associated with a global increase in capital requirements. The magnitude of the effects found in this analysis is relatively modest, especially if monetary policies have scope to ease in response to a widening of interest rate spreads by banks.
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Order a print copy
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Series:
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Working Paper No. 12/44
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Subject(s):
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Banks | Economic models | Spillovers
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Author's Keyword(s):
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Capital requirements | Basel III |
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English
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Publication Date:
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February 01, 2012
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ISBN/ISSN:
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9781463936457/1018-5941
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Format:
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Paper
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Stock No:
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WPIEA2012044
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Pages:
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36
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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