BIS paper studies impact of Swiss CCB on quality of credit
Working paper looks at activation of countercyclical capital buffer in 2013
The activation of the countercyclical capital buffer (CCB) in Switzerland affected the composition of mortgage supply in two key ways, according to a working paper published by the Bank for International Settlements (BIS) today (September 2).
In Higher bank capital requirements and mortgage pricing: evidence from the countercyclical capital buffer, Christoph Basten and Cathérine Koch examine how the activation of the CCB in Switzerland in February 2013 affected mortgage pricing.
Once activated
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