Title:Bank capital shocks and countercyclical requirements : implications for banking stability and welfare Author(s):BEKIROS, Stelios D.; NILAVONGSE, Rachatar; UDDIN, Gazi SalahDate:2018Citation:
- Journal of economic dynamics & control, 2018, Vol. 93, pp. 315-331
Type:ArticleAbstract:This paper incorporates anticipated and unanticipated shocks to bank capital into a DSGE model with a banking sector. We apply this model to study Basel III countercyclical capital requirements and their implications for ...