The Welfare Cost of Bank Capital Requirements

By S. Heuvel. 2008

481 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/0d6a02c37a047d74744c15740432f4d31bc39000

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Citations in the corpus

Bank Liquidity Creation (2009, unknown): “7 A similar argument regarding capital requirements is made by Van den Heuvel (2008).”
Credit and Banking in a DSGE Model of the Euro Area (2010, background): “Markovic (2006), de Walque et al. (2008), van den Heuvel (2008) and Meh and Moran (2008), have instead studied the role of equity and bank capital for the transmission of macroeconomic shocks.”
Capital Requirements in a Quantitative Model of Banking Industry Dynamics (2014, methodology): “Our dynamic banking industry model is based upon the static framework of Allen and Gale [3] and Boyd and DeNicolo [9].”
Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Expensive (2013, unknown): “19 18 Given these limitations, we find it remarkable that some in the regulatory community are using the van den Heuvel (2008) formula in assessing the welfare costs of capital regulation under Basel III; see for example NY Fed Staff Report by Angelini et al (2011).”
Capital Regulation in a Macroeconomic Model with Three Layers of Default (2014, unknown): “Van den Heuvel (2008) analyzes bank capital regulation in a macroeconomic model without aggregate shocks in which deposits offer liquidity services to households and bank leverage induces banks to get involved in risk shifting.”
Deposits and Bank Capital Structure (2015, unknown): “Much of the recent literature on bank capital structure has been concerned with issues of regulation (e.g., Hellmann et al. (2000), Van den Heuvel (2008), Admati et al. (2010), Acharya et al. (2012)).”
Bank Leverage Regulation and Macroeconomic Dynamics (2011, unknown): “…risk, which can motivate the presence of counter-cyclical capital requirements.1 Other related work on bank capital regulation includes Van den Heuvel (2008) and Covas and Fujita (2010) who assess the impact of capital regulation in models of liquidity provision by banks but abstract from…”
The Chicago Plan Revisited (2012, background): “13Van den Heuvel (2008) models capital adequacy as a continously binding constraint.”
The differential impact of leverage on the default risk of small and large firms (2020, background): “Van den Heuvel, S. J. (2008). The welfare cost of bank capital requirements.”
Benefits and Costs of Bank Capital (2016, background): “Overall, this literature suggests that optimal bank capital can range from 8 to 20 percent (Van den Heuvel 2008; Nguyen 2013; Begneau 2014; Martinez-Miera and Suarez 2014; Mendicino and others 2015).”
Macroprudential Policy - A Literature Review (2012, unknown): “Van den Heuvel (2008) embeds the role of liquidity creating banks in an otherwise standard general equilibrium growth model, and studies the impact of capital requirements on welfare.”