01754cas a2200253 a 4500 AALejournalIMF011686 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463936457 1018-5941 BD-DhAAL BD-DhAAL Vitek, Francis. The Global Macroeconomic Costs of Raising Bank Capital Adequacy Requirements / Francis Vitek, Scott Roger. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the transitional macroeconomic costs of a synchronized global increase in bank capital adequacy requirements under Basel III, as well as a capital increase covering globally systemically important banks. The analysis, using an estimated multi-country model, contributed to the work of the Macroeconomic Assessment Group analysis, especially in estimating the potential international spillovers associated with a global increase in capital requirements. The magnitude of the effects found in this analysis is relatively modest, especially if monetary policies have scope to ease in response to a widening of interest rate spreads by banks. Mode of access: Internet Roger, Scott. IMF Working Papers; Working Paper ; No. 2012/044 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/044/001.2012.issue-044-en.xml IMF e-Library