Arbeitspapier

Banks' regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks

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.

Sprache
Englisch

Erschienen in
Series: Discussion Paper Series 2 ; No. 2005,07

Klassifikation
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
Thema
Capital Regulation
Bank Capital
Business Cycle Fluctuations
Eigenkapitalvorschriften
Bankenliquidität
Konjunktur
Sparkasse
Kreditgenossenschaft
Makroökonomischer Einfluß
Schätzung
Deutschland

Ereignis
Geistige Schöpfung
(wer)
Stolz, Stéphanie
Wedow, Michael
Ereignis
Veröffentlichung
(wer)
Deutsche Bundesbank
(wo)
Frankfurt a. M.
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Stolz, Stéphanie
  • Wedow, Michael
  • Deutsche Bundesbank

Entstanden

  • 2005

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