The effectiveness of regulatory capital requirements prior to the onset of the financial crisis

Detalhes bibliográficos
Autor(a) principal: Abreu, J. F.
Data de Publicação: 2015
Outros Autores: Gulamhussen, M. A.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/9642
Resumo: We extend the literature on the role of capital requirements as a regulatory tool by developing a continuous measure of the degree of regulatory pressure and by examining data on US commercial banks during the economic upturn that preceded the 2007–2009 ?nancial crisis. Our ?ndings indicate the inability of regulatory pressure to force banks to build capital buffers during the economic upturn that preceded the crisis. These ?ndings are consistent with the view that banks entered the crisis with inadequate levels of capital. Our ?ndings support the endeavors of regulators in explicitly demanding capital buffers in their new regulatory framework.
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spelling The effectiveness of regulatory capital requirements prior to the onset of the financial crisisWe extend the literature on the role of capital requirements as a regulatory tool by developing a continuous measure of the degree of regulatory pressure and by examining data on US commercial banks during the economic upturn that preceded the 2007–2009 ?nancial crisis. Our ?ndings indicate the inability of regulatory pressure to force banks to build capital buffers during the economic upturn that preceded the crisis. These ?ndings are consistent with the view that banks entered the crisis with inadequate levels of capital. Our ?ndings support the endeavors of regulators in explicitly demanding capital buffers in their new regulatory framework.Wiley2015-08-27T20:50:20Z2015-01-01T00:00:00Z20152019-05-07T13:12:58Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/9642eng1369-412X10.1111/irfi.12046Abreu, J. F.Gulamhussen, M. A.info:eu-repo/semantics/embargoedAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-07-07T03:20:44Zoai:repositorio.iscte-iul.pt:10071/9642Portal AgregadorONGhttps://www.rcaap.pt/oai/openairemluisa.alvim@gmail.comopendoar:71602024-07-07T03:20:44Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
title The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
spellingShingle The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
Abreu, J. F.
title_short The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
title_full The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
title_fullStr The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
title_full_unstemmed The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
title_sort The effectiveness of regulatory capital requirements prior to the onset of the financial crisis
author Abreu, J. F.
author_facet Abreu, J. F.
Gulamhussen, M. A.
author_role author
author2 Gulamhussen, M. A.
author2_role author
dc.contributor.author.fl_str_mv Abreu, J. F.
Gulamhussen, M. A.
description We extend the literature on the role of capital requirements as a regulatory tool by developing a continuous measure of the degree of regulatory pressure and by examining data on US commercial banks during the economic upturn that preceded the 2007–2009 ?nancial crisis. Our ?ndings indicate the inability of regulatory pressure to force banks to build capital buffers during the economic upturn that preceded the crisis. These ?ndings are consistent with the view that banks entered the crisis with inadequate levels of capital. Our ?ndings support the endeavors of regulators in explicitly demanding capital buffers in their new regulatory framework.
publishDate 2015
dc.date.none.fl_str_mv 2015-08-27T20:50:20Z
2015-01-01T00:00:00Z
2015
2019-05-07T13:12:58Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/9642
url http://hdl.handle.net/10071/9642
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1369-412X
10.1111/irfi.12046
dc.rights.driver.fl_str_mv info:eu-repo/semantics/embargoedAccess
eu_rights_str_mv embargoedAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Wiley
publisher.none.fl_str_mv Wiley
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv mluisa.alvim@gmail.com
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