Risk-Based Capital Requirements for Banks and International Trade
نویسندگان
چکیده
منابع مشابه
Risk-Based Capital Requirements for Banks and International Trade
We provide the first evidence that changes in risk-based capital requirements for banks affect the real economy through international trade. Using a natural experiment – mandatory Basel II adoption in its Standardized Approach by all banks in Turkey on July 1, 2012 – we investigate the impact of new risk-weights applied to commercial letters of credit (CLC) on that country’s exports to 174 coun...
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ژورنال
عنوان ژورنال: The Review of Financial Studies
سال: 2017
ISSN: 0893-9454,1465-7368
DOI: 10.1093/rfs/hhx062