{"id":"https://openalex.org/W2905598705","doi":"https://doi.org/10.17016/feds.2018.087","title":"The Impact of Post Stress Tests Capital on Bank Lending","display_name":"The Impact of Post Stress Tests Capital on Bank Lending","publication_year":2018,"publication_date":"2018-12-01","ids":{"openalex":"https://openalex.org/W2905598705","doi":"https://doi.org/10.17016/feds.2018.087","mag":"2905598705"},"language":"en","primary_location":{"id":"doi:10.17016/feds.2018.087","doi":"https://doi.org/10.17016/feds.2018.087","is_oa":true,"landing_page_url":"https://doi.org/10.17016/feds.2018.087","pdf_url":null,"source":{"id":"https://openalex.org/S4210212089","display_name":"Finance and Economics Discussion Series","issn_l":"1936-2854","issn":["1936-2854","2767-3898"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"public-domain","license_id":"https://openalex.org/licenses/public-domain","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Economics Discussion Series","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://doi.org/10.17016/feds.2018.087","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5052505063","display_name":"William F. Bassett","orcid":"https://orcid.org/0000-0001-8622-327X","observed_orcids":["https://orcid.org/0000-0001-8622-327X"]},"institutions":[{"id":"https://openalex.org/I1317239608","display_name":"Federal Reserve","ror":"https://ror.org/05fk5tr28","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608"]},{"id":"https://openalex.org/I2802905149","display_name":"Federal Reserve Board of Governors","ror":"https://ror.org/00v448643","country_code":"US","type":"government","lineage":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"William F. Bassett","raw_affiliation_strings":["Board of Governors of the Federal Reserve System (U.S.)"],"raw_orcid":"https://orcid.org/0000-0001-8622-327X","affiliations":[{"raw_affiliation_string":"Board of Governors of the Federal Reserve System (U.S.)","institution_ids":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5020386244","display_name":"Jose M. Berrospide","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1317239608","display_name":"Federal Reserve","ror":"https://ror.org/05fk5tr28","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608"]},{"id":"https://openalex.org/I2802905149","display_name":"Federal Reserve Board of Governors","ror":"https://ror.org/00v448643","country_code":"US","type":"government","lineage":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jose M. Berrospide","raw_affiliation_strings":["Board of Governors of the Federal Reserve System (U.S.)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Board of Governors of the Federal Reserve System (U.S.)","institution_ids":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":5.9392,"has_fulltext":false,"cited_by_count":42,"citation_normalized_percentile":{"value":0.96309462,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"2018.0","issue":"87","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bank-stress-tests","display_name":"bank stress testing","score":0.9520000219345093},{"id":"https://openalex.org/keywords/bank-capital","display_name":"bank capital","score":0.8420000076293945},{"id":"https://openalex.org/keywords/bank-lending","display_name":"bank lending","score":0.8259999752044678},{"id":"https://openalex.org/keywords/credit-growth","display_name":"credit growth","score":0.8690000176429749},{"id":"https://openalex.org/keywords/capital-gap","display_name":"capital gap","score":0.8569999933242798},{"id":"https://openalex.org/keywords/bank-capitalization","display_name":"bank capitalization","score":0.49399998784065247},{"id":"https://openalex.org/keywords/banking-supervision","display_name":"banking supervision","score":0.6129999756813049},{"id":"https://openalex.org/keywords/bank-credit-supply","display_name":"bank credit supply","score":0.33000001311302185}],"concepts":[{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.6332390308380127},{"id":"https://openalex.org/C2864544","wikidata":"https://www.wikidata.org/wiki/Q2914988","display_name":"Capital requirement","level":3,"score":0.5497657060623169},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.5323591232299805},{"id":"https://openalex.org/C16969640","wikidata":"https://www.wikidata.org/wiki/Q1070805","display_name":"Capital adequacy ratio","level":3,"score":0.5042611360549927},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.46173179149627686},{"id":"https://openalex.org/C2779201015","wikidata":"https://www.wikidata.org/wiki/Q1308919","display_name":"Stress test","level":2,"score":0.43343597650527954},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.41877561807632446},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3841424882411957},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.32152825593948364},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.22268018126487732},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.17016/feds.2018.087","doi":"https://doi.org/10.17016/feds.2018.087","is_oa":true,"landing_page_url":"https://doi.org/10.17016/feds.2018.087","pdf_url":null,"source":{"id":"https://openalex.org/S4210212089","display_name":"Finance and Economics Discussion Series","issn_l":"1936-2854","issn":["1936-2854","2767-3898"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"public-domain","license_id":"https://openalex.org/licenses/public-domain","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Economics Discussion Series","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:fip:fedgfe:2018-87","doi":null,"is_oa":false,"landing_page_url":"https://www.federalreserve.gov/econres/feds/files/2018087pap.pdf","pdf_url":"https://www.federalreserve.gov/econres/feds/files/2018087pap.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:3123310961","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:fip:fedgfe:2018-87","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":{"id":"doi:10.17016/feds.2018.087","doi":"https://doi.org/10.17016/feds.2018.087","is_oa":true,"landing_page_url":"https://doi.org/10.17016/feds.2018.087","pdf_url":null,"source":{"id":"https://openalex.org/S4210212089","display_name":"Finance and Economics Discussion Series","issn_l":"1936-2854","issn":["1936-2854","2767-3898"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"public-domain","license_id":"https://openalex.org/licenses/public-domain","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Economics Discussion Series","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2958603374","https://openalex.org/W1559139452","https://openalex.org/W4285614237","https://openalex.org/W7154968487","https://openalex.org/W4389985623","https://openalex.org/W7124671081","https://openalex.org/W4223981476","https://openalex.org/W4388196743","https://openalex.org/W3020639312","https://openalex.org/W4281393018"],"abstract_inverted_index":{"We":[0,70],"investigate":[1],"one":[2],"channel":[3],"through":[4],"which":[5],"the":[6,14,27,34,37,44,48,53,59,67,73,76,80,97,117],"annual":[7],"bank":[8,30,98],"stress":[9,38,50,90,119],"tests,":[10],"as":[11],"part":[12],"of":[13,29,36,55,75,83],"Federal":[15],"Reserve\u2019s":[16],"Comprehensive":[17],"Capital":[18],"Analysis":[19],"and":[20],"Review":[21],"(CCAR)":[22],"review,":[23],"could":[24],"unexpectedly":[25],"affect":[26],"provision":[28],"credit.":[31],"To":[32],"quantify":[33],"impact":[35,74],"tests":[39,51,120],"on":[40,79],"lending,":[41],"we":[42,65,101],"compare":[43],"capital":[45,56,68,77,99,114],"implied":[46,57,115],"by":[47,58,116],"supervisory":[49,87,118],"with":[52,93],"level":[54],"banks\u2019":[60],"own":[61],"models,":[62],"a":[63],"measure":[64],"call":[66],"gap.":[69],"then":[71],"study":[72],"gap":[78],"loan":[81,110,129],"growth":[82],"BHCs":[84],"subject":[85],"to":[86,126],"or":[88],"bank-run":[89],"tests.":[91],"Consistent":[92],"previous":[94],"results":[95],"in":[96],"literature,":[100],"find":[102],"evidence":[103],"that":[104],"better":[105],"capitalized":[106],"banks":[107],"have":[108],"higher":[109],"growth.":[111,130],"The":[112],"additional":[113],"(capital":[121],"gap)":[122],"does":[123],"not":[124],"appear":[125],"unduly":[127],"restrict":[128]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":6},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":12},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":7},{"year":2018,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2019-01-01T00:00:00"}