kaal:claim:1908473-017

Contingent capital securities are likely to be more efficient than raising capital requirements, because the capital arrives only when it is needed.

CCS will likely be more efficient than raising capital requirements because the capital arrives only when it is needed.

Wulf A. Kaal, Christoph Henkel, Contingent Capital with Sequential Triggers (2011), II.A. Potential for Reform and Financial Stability, p. 17
https://ssrn.com/abstract=1908473 · source PDF

Wulf A. Kaal, Christoph Henkel, Contingent Capital with Sequential Triggers (2011). SSRN: https://ssrn.com/abstract=1908473

mechanismsupport: assertedeconomicscontingent-capitalsystemic-risk

• restated_by kaal:claim:1998455-009 Installing contingent capital can be more efficient than raising capital requirements, because the capital inj...
• restated_by kaal:claim:2957645-020 Contingent capital may be more efficient than simply raising capital requirements, because the capital injecti...
• extended_by kaal:claim:2957645-024 Contingent capital could create a regime for providing countercyclical regulatory capital that further enhance...

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