Detailed Information on Publication Record
2018
Setting Countercyclical Capital Buffer Throughout the Financial Cycle
FRAIT, Jan, Jan HÁJEK and Miroslav PLAŠILBasic information
Original name
Setting Countercyclical Capital Buffer Throughout the Financial Cycle
Name in Czech
Stanovování proticyklické kapitálové rezervy v průběhu finančního cyklu
Authors
FRAIT, Jan, Jan HÁJEK and Miroslav PLAŠIL
Edition
1. vyd. University of Warsaw, Poland, 27 th International Scientific Conference on Economic and Social Development, p. 111-119, 9 pp. 2018
Publisher
Economic and Social Development
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50206 Finance
Country of publisher
Poland
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
electronic version available online
References:
Organization unit
Institute VSFS
ISSN
Keywords (in Czech)
proticyklická kapitálová rezerva, mezera credit-to-GDP, úvěrové ztráty finanční cyklus
Keywords in English
countercyclical capital buffer; credit-to-GDP gap; credit losses; financial cycle
Tags
Tags
Reviewed
Links
GA16-21506S, research and development project.
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.
In Czech
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.