01880cas a2200277 a 4500 AALejournalIMF018801 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484378366 1018-5941 BD-DhAAL BD-DhAAL Fang, Xiang. The Effects of Higher Bank Capital Requirements on Credit in Peru / Xiang Fang, David Jutrsa, Maria Martinez Peria, Andrea Presbitero. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (34 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 offers novel evidence on the impact of raising bank capital requirements in the context of an emerging market: Peru. Using quarterly bank-level data and exploiting the adoption of bank-specific capital buffers, we find that higher capital requirements have a short-lived, negative impact on bank credit in Peru, although this effect becomes statistically insignificant in about half a year. This finding is robust to estimating different specifications to address concerns about the exogeneity of capital requirements. The fact that the reform was gradual and pre-announced and that banks were highly profitable at the time could explain the short-lived effects on credit. Mode of access: Internet Jutrsa, David. Martinez Peria, Maria. Presbitero, Andrea. IMF Working Papers; Working Paper ; No. 2018/222 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/222/001.2018.issue-222-en.xml IMF e-Library