2018
Setting Countercyclical Capital Buffer Throughout the Financial Cycle
FRAIT, Jan, Jan HÁJEK a Miroslav PLAŠILZákladní údaje
Originální název
Setting Countercyclical Capital Buffer Throughout the Financial Cycle
Název česky
Stanovování proticyklické kapitálové rezervy v průběhu finančního cyklu
Autoři
FRAIT, Jan, Jan HÁJEK a Miroslav PLAŠIL
Vydání
1. vyd. University of Warsaw, Poland, 27 th International Scientific Conference on Economic and Social Development, od s. 111-119, 9 s. 2018
Nakladatel
Economic and Social Development
Další údaje
Jazyk
angličtina
Typ výsledku
Stať ve sborníku
Obor
50206 Finance
Stát vydavatele
Polsko
Utajení
není předmětem státního či obchodního tajemství
Forma vydání
elektronická verze "online"
Odkazy
Organizační jednotka
Institut VŠFS, z.ú.
ISSN
Klíčová slova česky
proticyklická kapitálová rezerva, mezera credit-to-GDP, úvěrové ztráty finanční cyklus
Klíčová slova anglicky
countercyclical capital buffer; credit-to-GDP gap; credit losses; financial cycle
Štítky
Příznaky
Recenzováno
Návaznosti
GA16-21506S, projekt VaV.
Změněno: 24. 7. 2018 14:04, Ing. Dominika Moravcová
V originále
Basel III regulatory framework an important macroprudential instrument: a countercyclical capital buffer. This instrument is designed to reduce the consequences of worsened access of firms and households to banking credit in bad times. This paper proposes the approach to the countercyclical capital buffer using the experience of the Czech National Bank. It describes its decision-making process from assessing the position of the economy in the financial cycle through to setting the buffer rate. The approach that can be labelled discretion guided by multiple-factor analysis builds upon the signals from both individual and composite indicators of financial cycle and systemic risk. The paper then describes the factors that the macroprudential authority takes into account when setting the specific countercyclical capital buffer rate.
Česky
Basel III regulatory framework an important macroprudential instrument: a countercyclical capital buffer. This instrument is designed to reduce the consequences of worsened access of firms and households to banking credit in bad times. This paper proposes the approach to the countercyclical capital buffer using the experience of the Czech National Bank. It describes its decision-making process from assessing the position of the economy in the financial cycle through to setting the buffer rate. The approach that can be labelled discretion guided by multiple-factor analysis builds upon the signals from both individual and composite indicators of financial cycle and systemic risk. The paper then describes the factors that the macroprudential authority takes into account when setting the specific countercyclical capital buffer rate.