바젤Ⅲ규제 개혁안 도입에 관한 최근 이슈 검토

: 은행산업을 중심으로

In spite of the positive objective of strengthening Basel regulations, the critical view of the recent Basel reform is that the strengthened regulation of bank capital reduces economic growth by generating economic costs. Second, the leverage ratio can be used as a more useful tool for evaluating the safety and soundness of financial institutions than the ratio of the BIS capital ratio. This study analyzed from a critical perspective the recent reforms. The first issue involved the relationship between the BIS capital ratio and sensitivity of the business cycle using the fixed effect model. Results of the empirical analysis indicated that a, pro-cyclical was confirmed. The second issue attempted to ensure that the increase in capital ratios generates economic costs, such as rising lending rates. The effects of the increase in the tier 1 ratio on the lending spread, total lending, consumption and real GDP were analyzed through the VAR model. Results showed that, if the tier1 ratio increases, the lending spread responds greatly with, the lending spread apparent to have increased the rate of lending. This study is meaningful in that it applied the issues of critical view, which is emerging recently, to the Korean financial market in the absence of domestic empirical analysis.