{"id":"W1553546813","doi":"10.34989/swp-2004-30","title":"The New Basel Capital Accord and the Cyclical Behaviour of Bank Capital","year":2021,"lang":"en","type":"preprint","venue":"RePEc: Research Papers in Economics","topic":"Banking stability, regulation, efficiency","field":"Economics, Econometrics and Finance","cited_by":10,"is_retracted":false,"has_abstract":true,"ca_institutions":"Bank of Canada","funders":"","keywords":"Risk-adjusted return on capital; Basel I; Basel III; Basel II; Counterfactual thinking; Risk-weighted asset; Capital requirement; Economics; Capital (architecture); Capital adequacy ratio; Operational risk; Monetary economics; Financial system; Financial capital; Capital formation; Finance; Risk management; Microeconomics; Market economy; Human capital","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":true,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.004663453,0.0003360292,0.0004179837,0.0005181874,0.0005285363,0.002829887,0.0008609384,0.001234686,0.00269715],"category_scores_gemma":[0.02038909,0.0002915234,0.0005468018,0.000797724,0.001153688,0.001550004,0.0004817785,0.001507511,0.0002727006],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.005270953,"about_ca_system_score_gemma":0.002657306,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.08348608,"about_ca_topic_score_gemma":0.06347275,"domain_scores_codex":[0.9978092,0.001112615,0.0001020128,0.0002188388,0.0004786871,0.000278673],"domain_scores_gemma":[0.9873635,0.007064946,0.002305539,0.001317823,0.001528052,0.0004201327],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"simulation_or_modeling","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.001390813,0.0002044441,0.04118754,0.00006702541,0.000155169,0.0002325301,0.000408221,0.8123639,0.00095728,0.1166258,0.01228917,0.01411817],"study_design_scores_gemma":[0.0005984118,0.0003246288,0.03495535,0.00004625195,0.00008966569,0.0000846673,0.0002502623,0.8998875,0.001146705,0.05158778,0.01089641,0.0001324765],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9292901,0.0004461646,0.02578185,0.003325163,0.0002860384,0.0001804839,0.002764956,0.0002443939,0.03768088],"genre_scores_gemma":[0.9964767,0.00007112883,0.001927511,0.000066774,0.0000145006,0.00004467148,0.0003467526,0.00001416175,0.001037846],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.08348608,"threshold_uncertainty_score":0.1660002,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.02553867130717155,"score_gpt":0.2775341989683714,"score_spread":0.2519955276611999,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}