Click for new scientific resources and news about Corona[COVID-19]

Paper Information

Journal:   JOURNAL OF MONETARY AND BANKING RESEARCHES   WINTER 2017 , Volume 9 , Number 30 ; Page(s) 625 To 655.
 
Paper: 

BANKS CAPITAL BUFFER AND THE BUSINESS CYCLES

 
 
Author(s):  KHOSHNOUD ZAHRA*, ESFANDIARI MARZIYEH
 
* 
 
Abstract: 

According to the role of cyclical behavior of capital buffer in the effectiveness of monetary policy, in this article the quarterly average capital buffer for the whole Iranian banking sector and each banking group has been estimated for the period 1386-1: 1393-4 based on capital adequacy circular of the central bank of the Islamic Republic of Iran and its behavior has been compared with the business cycle. The results confirm the countercyclical behavior of the average capital buffer in the whole banking sector and in the commercial, specialized and privatized banks, despites its pro-cyclical behavior in the private banks. This variable performs the countercyclical behavior in the group of large private and privatized banks and small private banks, while it has the pro-cyclical characteristic in the group of small private and privatized banks and large private banks. Hence, the probability of neutralizing the monetary policy effect exerted with the aim of leaving recession would exist. Thus, the necessity of exerting strategies for dampening the severity of countercyclical behavior of regulatory capital buffer in the banking sector is observed.

 
Keyword(s): 
 
 
References: 
  • ندارد
  •  
 
Click to Cite.
APA: Copy

KHOSHNOUD, Z., & Esfandiari, M. (2017). BANKS CAPITAL BUFFER AND THE BUSINESS CYCLES. JOURNAL OF MONETARY AND BANKING RESEARCHES, 9(30 ), 625-655. https://www.sid.ir/en/journal/ViewPaper.aspx?id=571001



Vancouver: Copy

KHOSHNOUD ZAHRA, Esfandiari Marziyeh. BANKS CAPITAL BUFFER AND THE BUSINESS CYCLES. JOURNAL OF MONETARY AND BANKING RESEARCHES. 2017 [cited 2021May14];9(30 ):625-655. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=571001



IEEE: Copy

KHOSHNOUD, Z., Esfandiari, M., 2017. BANKS CAPITAL BUFFER AND THE BUSINESS CYCLES. JOURNAL OF MONETARY AND BANKING RESEARCHES, [online] 9(30 ), pp.625-655. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=571001.



 
 
Yearly Visit 34 Persian Abstract
 
Latest on Blog
Enter SID Blog