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Capital accumulation and regulation

dc.contributor.authorYilmaz, Ensar
dc.date.accessioned2026-06-27T13:06:14Z
dc.date.issued2009
dc.description.abstractThis paper sets up a dynamic model that analyzes a bank's capital decision and the impact of this decision on her default risk and lending that affects aggregate output in the economy under regulation. The model shows that even though capital regulation may reduce the default risk of the bank, it may lead to credit crunch, hence the ensuing decline in output in the real sector. Furthermore, it appears that the risk-based capital requirement changes the composition of both liability and asset of the bank's balance sheet. (C) 2009 The Board of Trustees of the University of Illinois. Published by Elsevier B.V. All rights reserved.en
dc.description.urihttps://doi.org/10.1016/j.qref.2009.02.004
dc.identifier.doi10.1016/j.qref.2009.02.004
dc.identifier.eissn1878-4259
dc.identifier.endpage771
dc.identifier.issn1062-9769
dc.identifier.issue3
dc.identifier.startpage760
dc.identifier.urihttps://hdl.handle.net/20.500.14981/49769
dc.identifier.volume49
dc.identifier.wos000437616300003
dc.language.isoeng
dc.publisherELSEVIER SCIENCE INC
dc.relation.ispartofQUARTERLY REVIEW OF ECONOMICS AND FINANCE
dc.subjectRegulation
dc.subjectCapital requirement
dc.subjectCredit crunch
dc.subjectBusiness & Economics
dc.titleCapital accumulation and regulation
dc.typeArticle
dspace.entity.typePublication
local.import.sourceWOS

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