panel estimation

Publication date: 21 Feb 2019 | Publication type: NIESR Discussion Paper | Theme: Britain & Finance | Authors: Davis, P | External authors: Karim, D, Noel, D | NIESR discussion paper number: 499
Following experience in the global financial crisis (GFC), when banks with low leverage ratios were often in severe difficulty, despite high-risk-adjusted capital measures, a leverage ratio was introduced in Basel III to complement the risk-adjusted capital ratio (RAR). Empirical testing of the...
Publication date: 19 Jan 2011 | Publication type: NIESR Discussion Paper | Authors: Barrell, R, Davis, P | JEL classification: G12, G21 | NIESR discussion paper number: 375
The consensus among financial regulators is that Tier 2 capital is inferior to Tier 1, both in terms of incentives for an ongoing bank and regarding the protection it offers in the case of failure. Some economists, while not denying the benefits of Tier 1, suggest that there may be benefits of...