Countercyclical banking capital buffers in a DSGE model
Temas de Estabilidad Financiera ; No. 71
Date published
2012-09-01Date of last update
2012-09Document language
engMetadata
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Abstract
In this document we develop a DSGE model to analyze the effect that a consumption boom and a productivity shock have over financial stability and macroeconomic variables, in both, an economy with and without Basel III capital requirements and earnings reinvestment rule. The results suggest that Basel III requirements have a positive impact over financial stability variables and that additional capital requirements do not restrict banking activity.
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https://repositorio.banrep.gov.co/handle/20.500.12134/2086https://hdl.handle.net/20.500.12134/2086
https://doi.org/10.32468/tef.71
https://ideas.repec.org/p/bdr/temest/071.html
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