01917cas a2200289 a 4500 AALejournalIMF016738 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484310410 2617-6750 BD-DhAAL BD-DhAAL Dagher, Jihad. Benefits and Costs of Bank Capital. Chinese Benefits and Costs of Bank Capital / Jihad Dagher, Giovanni Dell'Ariccia, Luc Laeven, Lev Ratnovski. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (38 pages) Staff Discussion Notes <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 The appropriate level of bank capital and, more generally, a bank's capacity to absorb losses, has been at the core of the post-crisis policy debate. This paper contributes to the debate by focusing on how much capital would have been needed to avoid imposing losses on bank creditors or resorting to public recapitalizations of banks in past banking crises. The paper also looks at the welfare costs of tighter capital regulation by reviewing the evidence on its potential impact on bank credit and lending rates. Its findings broadly support the range of loss absorbency suggested by the Financial Stability Board (FSB) and the Basel Committee for systemically important banks. Mode of access: Internet Dell'Ariccia, Giovanni. Laeven, Luc. Ratnovski, Lev. Staff Discussion Notes; Staff Discussion Notes ; No. 2016/004 Full text available on IMF http://elibrary.imf.org/view/journals/006/2016/004/006.2016.issue-004-zh.xml IMF e-Library