Do dynamic provisions enhance bank solvency and reduce credit procyclicality? : a study of the Chilean banking system /

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Bibliographic Details
Author / Creator:Chan-Lau, Jorge A., author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2012.
Description:1 online resource (21 pages) : illustrations.
Language:English
Series:IMF working paper ; WP/12/124
IMF working paper ; WP/12/124.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500236
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Western Hemisphere Department, issuing body.
ISBN:9781475503531
1475503539
1475593643
9781475593648
9781475537888
1475537883
Notes:Title from PDF title page (IMF Web site, viewed May 25, 2012).
"Western Hemisphere Department."
"May 2012."
Includes bibliographical references.
English.
Summary:Dynamic provisions could help to enhance the solvency of individual banks and reduce procyclicality. Accomplishing these objectives depends on country-specific features of the banking system, business practices, and the calibration of the dynamic provisions scheme. In the case of Chile, a simulation analysis suggests Spanish dynamic provisions would improve banks' resilience to adverse shocks but would not reduce procyclicality. To address the latter, other countercyclical measures should be considered.
Other form:1-4755-4116-3
1-4755-0353-9