IDEAS home Printed from https://ideas.repec.org/a/cai/recosp/reco_pr2_0068.html
   My bibliography  Save this article

Ratio de levier à la Bâle III : quel impact sur l’offre de crédit et la stabilité bancaire ?

Author

Listed:
  • Kévin Spinassou

Abstract

This paper presents a theoretical model analysing the impact of a leverage ratio added to a risk-weighted ratio on the credit supply and banking stability. We show that the implementation of a risk-weighted capital ratio increases banking stability whereas it does not affect the credit supply, while the addition of a leverage ratio reduces the credit supply without necessarily improving banking stability. A leverage ratio increases the stability of the banking system only if the regulator has a weak capacity to impose audits and sanctions on banks. Our results highlight the importance of the consideration of the credit supply among the objectives of the regulator, especially in Europe, where the credit supply plays a major role in the financing of the economy. Classification JEL : G21, G28.

Suggested Citation

  • Kévin Spinassou, 2016. "Ratio de levier à la Bâle III : quel impact sur l’offre de crédit et la stabilité bancaire ?," Revue économique, Presses de Sciences-Po, vol. 67(6), pages 1153-1177.
    • Handle: RePEc:cai:recosp:reco_pr2_0068
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_PR2_0068
    Download Restriction: free
    File URL: http://www.cairn.info/revue-economique-2016-6-page-1153.htm
    Download Restriction: free
    ---><---

    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_pr2_0068. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-economique.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.