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Microprudential bank capital regulation in a complex system
This paper analyzes the efficacy of microprudential (bank-level) capital requirements in mitigating failure cascades in a network of interconnected banks. In simulation exercises, microprudential capital requirements redistribute the troubled assets of undercapitalized banks more broadly within the...
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Elsevier
2023
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10008987/ https://www.ncbi.nlm.nih.gov/pubmed/36923878 http://dx.doi.org/10.1016/j.heliyon.2023.e14118 |