Countercyclical banking capital buffers in a DSGE model

dc.audiencePolicymakerseng
dc.audienceResearcherseng
dc.audienceStudentseng
dc.audienceTeacherseng
dc.coverage.sucursalBogotáeng
dc.creatorCaicedo, Santiagoeng
dc.creatorEstrada, Dairo Ayibereng
dc.creatorLaverde, Marianaeng
dc.date.accessioned2012-09-01T08:30:10Zeng
dc.date.available2015-12-06T08:30:10Zeng
dc.date.available2015-12-14T08:30:10Zeng
dc.date.available2017-10-24T08:30:10Zeng
dc.date.created2012-09-01eng
dc.date.issued2012-09eng
dc.description.abstractIn 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.eng
dc.format.extent19 páginas : ilustraciones, gráficas, tablaseng
dc.format.mimetypePDFeng
dc.identifier.handlehttps://hdl.handle.net/20.500.12134/2086spa
dc.identifier.urihttps://repositorio.banrep.gov.co/handle/20.500.12134/2086eng
dc.language.isoengeng
dc.publisherBanco de la República de Colombiaeng
dc.relation.doihttps://doi.org/10.32468/tef.71spa
dc.relation.ispartofDocumentos de Trabajoeng
dc.relation.ispartofseriesTemas de Estabilidad Financieraeng
dc.relation.isversionofTemas de Estabilidad Financiera ; No. 71eng
dc.relation.numbertef 71eng
dc.relation.repechttps://ideas.repec.org/p/bdr/temest/071.htmlspa
dc.rights.accessRightsOpen Accesseng
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0eng
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.eng
dc.rights.spaAcceso abiertospa
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/eng
dc.source.bibliographicCitationAspachs, O., Segoviano, M., Tsomocos, D. & Zicchino, L. (2006), `Searching for a metric for financial stability', LSE Financial Markets Group Special Paper Series (167).eng
dc.source.bibliographicCitationBasel Committee on Bank Supervision, B. (2010), `Basel iii: A global regulatory framework for more resilient banks and banking systems'.eng
dc.source.bibliographicCitationCaicedo, S. & Estrada, D. (n.d.), "Consumption, credit restrictions and financial stability: A dsge approach', Working Papereng
dc.source.handleRepecRePEc:bdr:temest:071spa
dc.subjectEstabilidad financieraeng
dc.subjectSistema financiero colombianoeng
dc.subjectAuge del consumoeng
dc.subjectModelo DSGE en el sector bancarioeng
dc.subject.jelD58 - Computable and Other Applied General Equilibrium Modelseng
dc.subject.jelE32 - Business Fluctuations; Cycleseng
dc.subject.jelE44 - Financial Markets and the Macroeconomyeng
dc.subject.jelspaD58 - Modelos computables y otros modelos aplicados de equilibrio generaleng
dc.subject.jelspaE32 - Fluctuaciones económicas; Cicloseng
dc.subject.jelspaE44 - Mercados financieros y macroeconomíaeng
dc.subject.keywordFinancial stabilityeng
dc.subject.keywordColombian financial systemeng
dc.subject.keywordConsumption boomseng
dc.subject.keywordDSGE model with banking sectoreng
dc.subject.lembAcuerdo de Basilea IIIeng
dc.subject.lembVariables macroeconómicaseng
dc.subject.lembConsumo (Economía)eng
dc.subject.lembPrestamos bancarioseng
dc.titleCountercyclical banking capital buffers in a DSGE modeleng
dc.typeWorking Papereng
dc.type.hasversionPublished Versioneng
dc.type.spaDocumentos de trabajoeng

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