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dc.contributor.authorHeid, Franken_US
dc.contributor.authorPorath, Danielen_US
dc.contributor.authorStolz, Stéphanieen_US
dc.date.accessioned2009-01-28T14:59:07Z-
dc.date.available2009-01-28T14:59:07Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/17731-
dc.description.abstractThe aim of this paper is to assess how German savings banks adjust capital and risk under capital regulation. We estimate a modified version of the model developed by Shrieves and Dahl (1992). In comparison to former research, we impose fewer restrictions with regard to the impact of regulation on capital and risk adjustments. Besides, we complement our analysis with dynamic panel data techniques and a rolling window approach. We find evidence that the coordination of capital and risk adjustments depends on the amount of capital the bank holds in excess of the regulatory minimum (the so-called capital buffer). Banks with low capital buffers try to rebuild an appropriate capital buffer by raising capital and simultaneously lowering risk. In contrast, banks with high capital buffers try to maintain their capital buffer by increasing risk when capital increases.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relation.ispartofseriesKieler Arbeitspapiere 1192en_US
dc.subject.jelG28en_US
dc.subject.jelG21en_US
dc.subject.ddc330en_US
dc.subject.keywordbank regulationen_US
dc.subject.keywordrisk takingen_US
dc.subject.keywordbank capitalen_US
dc.subject.stwSparkasseen_US
dc.subject.stwBankrisikoen_US
dc.subject.stwEigenkapitalvorschriftenen_US
dc.subject.stwBilanzstrukturmanagementen_US
dc.subject.stwSchätzungen_US
dc.subject.stwDeutschlanden_US
dc.titleDoes capital regulation matter for bank behavior? : Evidence for German savings banksen_US
dc.typeWorking Paperen_US
dc.identifier.ppn378091670en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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