Since 2014
Brazilian Review of Finance
View Archive Info| Field | Value | |
| Title |
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Coordination of capital buffer and risk profile under supervision of Central Bank |
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| Creator |
Marques Pereira, Joao Andre; Banco Central do Brasil
Saito, Richard; Escola de Administração de Empresas de São Paulo, Fundação Getúlio Vargas |
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| Subject |
Banking
capital regulation, prudential regulation G21, G28 Banking regulatory capital, asset risk and prudential regulation. G21, G28 |
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| Description |
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This work investigates how banks react to the capital constraints imposed by the Central Bank. Using models that incorporate the simultaneity of capital decisions and risk decisions, our findings confirm the capital buffer theory, which predicts that adjustments to capital and adjustments to risk are positively related. Moreover, we find that regulatory pressures induce banks to increase their risk levels in response to capital adjustments but not vice versa. |
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| Publisher |
Link to the Brazilian Society of Finance
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| Contributor |
CNPq
CNPq |
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| Date |
2015-11-05
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Double blind reviewed articles empirical Avaliado por Pares Artigo Teórico-Empírico; |
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| Format |
application/pdf
application/pdf |
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| Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/view/26393
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| Source |
Brazilian Review of Finance; Vol 13, No 1 (2015): Janeiro-Março; 74-101
Revista Brasileira de Finanças; Vol 13, No 1 (2015): Janeiro-Março; 74-101 1984-5146 1679-0731 |
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| Language |
por
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| Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/view/26393/56017
http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/view/26393/56018 http://bibliotecadigital.fgv.br/ojs/index.php/rbfin/article/downloadSuppFile/26393/1390 |
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| Rights |
Copyright (c) 2015 Brazilian Review of Finance
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