Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/19740 
Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Discussion Paper Series 2 No. 2005,07
Verlag: 
Deutsche Bundesbank, Frankfurt a. M.
Zusammenfassung: 
This paper analyzes the effect of the business cycle on the regulatory capital buffer of German savings and cooperative banks in the period 1993-2003. The capital buffer is found to fluctuate anticyclically over the business cycle. The fluctuation is stronger for savings banks than for cooperative banks, as, for savings banks, risk-weighted assets fluctuate more strongly with the business cycle. Further, low-capitalized banks do not catch up with their wellcapitalized peers. The gap between low-capitalized and well capitalized banks even widened over the observation period. Finally, low-capitalized banks do not decrease risk-weighted assets in a business cycle downturn by more than well-capitalized banks. This finding seems to imply that their low capitalization does not force them to retreat from lending.
Schlagwörter: 
Capital Regulation
Bank Capital
Business Cycle Fluctuations
JEL: 
G21
G28
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
351.35 kB





Publikationen in EconStor sind urheberrechtlich geschützt.