| dc.creator |
Memmel, Christoph |
|
| dc.creator |
Raupach, Peter |
|
| dc.date |
2007 |
|
| dc.date.accessioned |
2013-10-16T07:06:43Z |
|
| dc.date.available |
2013-10-16T07:06:43Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/19765 |
|
| dc.identifier |
ppn:529603195 |
|
| dc.identifier |
RePEc:zbw:bubdp2:5577 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19765 |
|
| dc.description |
We analyze the dynamics of banks' regulatory capital ratios. Using monthly data of regulatory capital ratios for a subset of large German banks, we estimate the target level and the adjustment speed of the capital ratio for each bank separately. We find evidence that, first, there exists a target level for a substantial percentage of banks; second, that private banks and banks with liquid assets are more likely to adjust their capital ratio tightly; and third, that banks compensate for low target capital ratios with low asset volatilities and high adjustment speeds. Fourth, banks with a target capital ratio seem to use an internal lower limit for their current ratios that is just above the regulatory minimum of 8%. |
|
| dc.language |
eng |
|
| dc.relation |
Discussion Paper, Series 2: Banking and Financial Supervision 2007,06 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
G32 |
|
| dc.subject |
G21 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Regulatory bank capital |
|
| dc.subject |
target capital ratio |
|
| dc.subject |
partial adjustment |
|
| dc.subject |
Ornstein-Uhlenbeck process |
|
| dc.subject |
Bank |
|
| dc.subject |
Kapitalstruktur |
|
| dc.subject |
Eigenkapital |
|
| dc.subject |
Bilanzstrukturmanagement |
|
| dc.subject |
Schätzung |
|
| dc.subject |
Deutschland |
|
| dc.title |
How do banks adjust their capital ratios? Evidence from Germany |
|
| dc.type |
doc-type:workingPaper |
|
| dc.coverage |
1998-2006 |
|