TY -
GEN
AU - Weder, Beatrice
AU - Wedow, Michael
TI -
Will Basel II Affect International Capital Flows to Emerging Markets?
PB - OECD Publishing
KW - Development
PY - 2002
N2 - This paper investigates the consequences of Basel II for international capital flows to emerging markets. The paper shows that the magnitude of effects critically depends on a number of assumptions, including: the mapping of risk weights to ratings, assumptions about required return on capital, assumptions about competition and diversion effects and the assumption that minimum capital requirements are binding constraints. The paper provides evidence on each of these assumptions and estimates their effect on interest margins and bank flows. Overall the results suggest that Basel II — taking into account the “Potential Modifications” of November 2001 — will have only a moderate impact on international capital flows ...
BT - OECD Development Centre Working Papers ; no.199
CY - Paris
UR - http://slubdd.de/katalog?TN_libero_mab2
ER -