{"id":{"repo_id":"baylor","oai_identifier":"oai:baylor-ir.tdl.org:2104/10323"},"canonical_url":"https://search.dev.ndltd.org/etd/baylor/oai:baylor-ir.tdl.org:2104/10323","repository":{"repo_id":"baylor","name":"Baylor University","base_url":"https://baylor-ir.tdl.org/server/oai/request"},"display":{"title":"Unintended consequences of well-intended regulation : the procyclical effects of the Basel I capital regulations on the U.S. banking industry.","abstract":"Numerous solutions have been posed to address the risks that fractional reserve banking systems cause for depositors. The newest regulatory trend to combat these issues has been capital regulation. Many critics have accused capital regulation of increasing the natural procyclicality of bank loan supply. However, to date the literature appears to say little on whether or not the Basel I capital regulations have any effect on the natural procyclicality of bank loan supply. To test this, I constructed a new loan supply function to determine the relationship between the business cycle and the real loan supply. A Chow Test was then conducted to determine whether this relationship changed at the date of Basel I implementation. I found that this relationship increased significantly after the implementation of Basel I, allowing me to conclude that the Basel I capital regulations increased the natural procyclicality of bank loan supply.","abstract_html":"Numerous solutions have been posed to address the risks that fractional reserve banking systems cause for depositors. The newest regulatory trend to combat these issues has been capital regulation. Many critics have accused capital regulation of increasing the natural procyclicality of bank loan supply. However, to date the literature appears to say little on whether or not the Basel I capital regulations have any effect on the natural procyclicality of bank loan supply. To test this, I constructed a new loan supply function to determine the relationship between the business cycle and the real loan supply. A Chow Test was then conducted to determine whether this relationship changed at the date of Basel I implementation. I found that this relationship increased significantly after the implementation of Basel I, allowing me to conclude that the Basel I capital regulations increased the natural procyclicality of bank loan supply.","abstract_has_math":false,"creators":["Hubbert, Austin Taylor, 1996-"],"institution":"Baylor University.","degree_name":"M.S.","degree_level":"Masters","degree_discipline":null,"degree_department":null,"school":null,"contributors":[],"advisors":["VanHoose, David D."],"committee_chairs":[],"committee_members":[],"year":2018,"date_issued":"2018-05","date_published":"2018-05","updated_at":"2026-07-24T01:08:00Z","subjects":["Banking.","Basel I.","Procyclicality."],"languages":["en"],"rights":["Baylor University works are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. Contact libraryquestions@baylor.edu for inquiries about permission."],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"https://hdl.handle.net/2104/10323","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.advisor","label":"Advisor","values":["VanHoose, David D."]},{"key":"dc:creator","label":"Author","values":["Hubbert, Austin Taylor, 1996-"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2018-05-30T12:43:58Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2018-05-30T12:43:58Z"]},{"key":"dc:date.issued","label":"Date","values":["2018-05"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Masters"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["Baylor University."]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Banking.","Basel I.","Procyclicality."]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["Baylor University works are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. Contact libraryquestions@baylor.edu for inquiries about permission."]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["https://hdl.handle.net/2104/10323"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["Numerous solutions have been posed to address the risks that fractional reserve banking systems cause for depositors. The newest regulatory trend to combat these issues has been capital regulation. Many critics have accused capital regulation of increasing the natural procyclicality of bank loan supply. However, to date the literature appears to say little on whether or not the Basel I capital regulations have any effect on the natural procyclicality of bank loan supply. To test this, I constructed a new loan supply function to determine the relationship between the business cycle and the real loan supply. A Chow Test was then conducted to determine whether this relationship changed at the date of Basel I implementation. I found that this relationship increased significantly after the implementation of Basel I, allowing me to conclude that the Basel I capital regulations increased the natural procyclicality of bank loan supply."]},{"key":"dc:format.mimetype","label":"Dc Format Mimetype","values":["application/pdf"]},{"key":"dc:title","label":"Title","values":["Unintended consequences of well-intended regulation : the procyclical effects of the Basel I capital regulations on the U.S. banking industry."]}]}],"canonical_facts":{"dc:contributor.advisor":["VanHoose, David D."],"dc:creator":["Hubbert, Austin Taylor, 1996-"],"dc:date.accessioned":["2018-05-30T12:43:58Z"],"dc:date.available":["2018-05-30T12:43:58Z"],"dc:date.issued":["2018-05"],"dc:description.abstract":["Numerous solutions have been posed to address the risks that fractional reserve banking systems cause for depositors. The newest regulatory trend to combat these issues has been capital regulation. Many critics have accused capital regulation of increasing the natural procyclicality of bank loan supply. However, to date the literature appears to say little on whether or not the Basel I capital regulations have any effect on the natural procyclicality of bank loan supply. To test this, I constructed a new loan supply function to determine the relationship between the business cycle and the real loan supply. A Chow Test was then conducted to determine whether this relationship changed at the date of Basel I implementation. I found that this relationship increased significantly after the implementation of Basel I, allowing me to conclude that the Basel I capital regulations increased the natural procyclicality of bank loan supply."],"dc:format.mimetype":["application/pdf"],"dc:identifier.uri":["https://hdl.handle.net/2104/10323"],"dc:language.iso":["en"],"dc:rights":["Baylor University works are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. Contact libraryquestions@baylor.edu for inquiries about permission."],"dc:subject":["Banking.","Basel I.","Procyclicality."],"dc:title":["Unintended consequences of well-intended regulation : the procyclical effects of the Basel I capital regulations on the U.S. banking industry."],"dc:type":["Thesis"],"thesis:degree_level":["Masters"],"thesis:degree_name":["M.S."],"thesis:institution_name":["Baylor University."]},"updated_at":"2026-07-24T01:08:00Z"}