Fed paper estimates impact of more stringent bank supervision

federal reserve

A discussion paper, published by the Federal Reserve in August, examines changes in the stringency of the US bank rating system known as ‘Camels', suggesting that while variation is small, a tightening of supervisory standards has a significant impact on bank lending.

Authors William Bassett, Seung Jung Lee and Thomas Spiller use ratings and bank balance sheet data over the period 1991–2011 to assess changes in supervisory standards. The paper finds that most changes to the stringency of ratings

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.