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Assessing the impact of prompt corrective action on bank capital and risk

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  • Raj Aggarwal
  • Kevin T. Jacques

Abstract

This paper was presented at the conference \\"Financial services at the crossroads: capital regulation in the twenty-first century\\" as part of session 1, \\"Impact of capital requirements on bank risk taking: empirical evidence.\\" The conference, held at the Federal Reserve Bank of New York on February 26-27, 1998, was designed to encourage a consensus between the public and private sectors on an agenda for capital regulation in the new century.

Suggested Citation

  • Raj Aggarwal & Kevin T. Jacques, 1998. "Assessing the impact of prompt corrective action on bank capital and risk," Economic Policy Review, Federal Reserve Bank of New York, vol. 4(Oct), pages 23-32.
    • Handle: RePEc:fip:fednep:y:1998:i:oct:p:23-32:n:v.4no.3
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    References listed on IDEAS

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    2. Herbert L. Baer & John N. McElravey, 1992. "Capital adequacy and the growth of U.S. banks," Working Paper Series, Issues in Financial Regulation 92-11, Federal Reserve Bank of Chicago.
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    14. Kim, Daesik & Santomero, Anthony M, 1988. " Risk in Banking and Capital Regulation," Journal of Finance, American Finance Association, vol. 43(5), pages 1219-1233, December.
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