Bank for International Settlements. “The New Basel Capital Accord,” January 2001(a).
Bank for International Settlements. “Long-term Rating Scales Comparison,” April 30,
2001(b).
Bank for International Settlements. “Working Paper on the Regulatory Treatment of Opera-
tional Risk,” September 2001(c).
Bank for International Settlements. “Results of the Second Quantitative Study,” November 5,
2001(c).
Bank for International Settlements. “Potential Modifications to the Committee’s Proposals,”
November 5, 2001(e).
Bongini, P., L. Laeven, and G. Majnoni. “How Good is the Market at Assessing Bank
Fragility: A Horse Race Between Different Indicators.” World Bank, Working Paper, January
2001.
Cantor, R. “Moody’s Investors Service Response to the Consultative Paper Issued by the Basel
Committee on Bank Supervision ‘A New Capital Adequacy Approach’.”Journal of Banking
and Finance, January 2001, pp. 171–186.
Cantor, R., and F. Packer. “Determinants and Impacts of Sovereign Credit Ratings.”Economic
Policy Review. Federal Reserve Bank of New York, October, 1996, pp. 37–53.
Carey, M. “Credit Risk in Private Debt Portfolios.”Journal of Finance, August 1998, pp.
1363–1387.
Carey, M. “Dimensions of Credit Risk and Their Relationship to Economic Capital Require-
ments.” NBER, Working Paper 7629, March 2000.
Carey, M. “Consistency of Internal versus External Credit Ratings and Insurance and Bank
Regulatory Capital Requirements.” Federal Reserve Board, Working Paper, February 2001(a).
Carey, M. “A Policymaker’s Guide to Choosing Absolute Bank Capital Requirements.” Fed-
eral Reserve Board Working Paper, June 3, 2001(b), Presented at the Bank of England Con-
ference on Banks and Systemic Risk, May 23–25, 2001(b).
Carey, M. and M. Hrycay. “Parameterizing Credit Risk Models with Rating Data.”Journal of
Banking and Finance, Vol. 25, No. 1, 2001, pp. 197–270.
Carty, L. V. “Bankrupt Bank Loan Recoveries.” Moody’s Investors Service, Rating Method-
ology, June 1998.
Cavallo, M., and G. Majnoni. “Do Banks Provision for Bad Loans in Good Times? Empirical
Evidence and Policy Implications.” World Bank, Working Paper 2691, June 2001.
Cunningham, A. “Bank Credit Risk in Emerging Markets.” Moody’s Investors Service, Rat-
ing Methodology, July 1999.
Diamond, D. “Financial Intermediation and Delegated Monitoring.”Review of Economic
Studies, Vol. 51, 1984. pp. 393–414.
The Economist.“The Basel Perplex,” November 10, 2001, pp. 65–66.
Falkenheim, M., and A. Powell. “The Use of Credit Bureau Information in the Estimation of
Appropriate Capital and Provisioning Requirements.” Central Bank of Argentina, Working
Paper, 2001.
Ferri, G., L. G. Liu, and G. Majnoni. “The Role of Rating Agency Assessments in Less De-
veloped Countries: Impact of the Proposed Basel Guidelines.”Journal of Banking and Fi-
nance, January 2001, pp. 115–148.
Flood, M. “Basel Buckets and Loan Losses: Absolute and Relative Loan Underperformance
at Banks and Thrifts.” Office of Thrift Supervision, Working Paper, March 9, 2001.
Freixas, X., B. Parigi, and J. C. Rochet. “Systemic Risk, Interbank Relations, and Liquidity
Provision by the Central Bank.”Journal of Money, Credit and Banking, Vol. 32, No. 3, Part
II, August 2001.
Gordy, M. B. “A Comparative Anatomy of Credit Risk Models.”Journal of Banking and Fi-
nance, January 2000, pp. 119–149.
Gordy, M. B. “A Risk-Factor Model Foundation for Ratings-Based Bank Capital Rules.”
Board of Governors of the Federal Reserve System, Working Paper, February 5, 2001.
Griep, C., and M. De Stefano. “Standard & Poor’s Official Response to the Basel Committee’s
Proposal.”Journal of Banking and Finance, January 2001, pp. 149–170.
3 • 22 BIS BASEL INTERNATIONAL BANK CAPITAL ACCORDS