The cyclical behavior of Chinese bank capital buffers

摘要：

　　Using an unbalanced panel of accounting data from 2007 to 2011 covering 60 Chinese commercial banks,we have done an empirical research on the relationship between capital buffer and business cycle.After controlling for the determinants of capital buffer,we find a robustly significant negative relationship between capital buffer and the position in cycle.Namely,Chinese commercial bank capital buffers are pro-cyclical.

关键词： commercial banks capital buffers business cycle pro-cyclical

作者: LI Haihong LI Gang

作者单位: School of Economics & Management,Beijing University of Chemical Technology,Beijing,China,100029

会议类型: 国际会议

会议名称: the 5th (2013)International Conference on Financial Risk and Corporate Finance Management(第五届(2013)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 644-648

在线出版日期: 2013-06-29（万方平台首次上网日期，不代表论文的发表时间）