NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Impacts of the Basle Capital Standard on Japanese Banks' Behavior

Takatoshi Ito, Yuri Nagatake Sasaki

NBER Working Paper No. 6730
Issued in September 1998
NBER Program(s):   IFM   ME

This paper examines how the risk based capital standards, the so-called Basle Accord between 1990 and 1993. As the Japanese stock prices fell, banks' latent capital gains, which are part of tier II capital, became smaller. Empirical findings are consistent with a view that banks with lower capital ratios tended to issue more subordinated debts (tier II) and to reduce lending (risk assets).

download in pdf format
   (1591 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w6730

Published: Ito, Takatoshi and Yuri Nagataki Sasaki. "Impacts Of The Basle Capital Standard On Japanese Banks' Behavior," Journal of the Japanese and International Economies, 2002, v16(3,Sep), 372-397. citation courtesy of

Users who downloaded this paper also downloaded* these:
Clarida, GalĂ­, and Gertler w8604 Optimal Monetary Policy in Closed versus Open Economies: An Integrated Approach
Hall, Jaffe, and Trajtenberg w8498 The NBER Patent Citation Data File: Lessons, Insights and Methodological Tools
DiCecio and Nelson w14894 Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model
Hall w4096 Investment and Research and Development at the Firm Level: Does the Source of Financing Matter?
Saffer and Chaloupka w5238 The Demand for Illicit Drugs
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us