Series: IMF Working Papers
Author(s): Niamh Sheridan , and B. Jang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2012
Keywords: Canada, Basel II, Basel III, loss given default, probability of default, stress tests, mortgages, residential mortgages, banking, mortgage
The paper finds that, given Australia's conservative approach in implementing the Basel II framework, Australian banks' headline capital ratios underestimate their capital strengths. Given their high capital qualit...