Browsing Norges Handelshøyskole by Subject "Capital Regulations"
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Capital Regulations and the Management of Credit Commitments during Crisis Times
(Discussion paper;12/20, Working paper, 2020-10-15)Drawdowns on credit commitments by firms reduce a bank’s capital buffer. Exploiting Austrian credit register data and the 2008-09 financial crisis as exogenous shock to bank health, we provide novel evidence that ...