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[{"key": "dc.contributor.advisor", "value": "Junttila, Juha-Pekka", "language": "", "element": "contributor", "qualifier": "advisor", "schema": "dc"}, {"key": "dc.contributor.advisor", "value": "Meril\u00e4inen, Jari-Mikko", "language": "", "element": "contributor", "qualifier": "advisor", "schema": "dc"}, {"key": "dc.contributor.author", "value": "Wikstr\u00f6m, Iida", "language": "", "element": "contributor", "qualifier": "author", "schema": "dc"}, {"key": "dc.date.accessioned", "value": "2022-12-20T08:24:18Z", "language": null, "element": "date", "qualifier": "accessioned", "schema": "dc"}, {"key": "dc.date.available", "value": "2022-12-20T08:24:18Z", "language": null, "element": "date", "qualifier": "available", "schema": "dc"}, {"key": "dc.date.issued", "value": "2022", "language": "", "element": "date", "qualifier": "issued", "schema": "dc"}, {"key": "dc.identifier.uri", "value": "https://jyx.jyu.fi/handle/123456789/84514", "language": null, "element": "identifier", "qualifier": "uri", "schema": "dc"}, {"key": "dc.description.abstract", "value": "Baselin sopimuksissa m\u00e4\u00e4ritell\u00e4\u00e4n, ett\u00e4 v\u00e4himm\u00e4isomavaraisuusasteen tulee olla yli 3\nprosenttia (Ensisijainen p\u00e4\u00e4oma jaettuna taseessa oleviin ja taseen ulkopuolisille\nvastuille). T\u00e4m\u00e4 Pro Gradu ty\u00f6 tutkii mik\u00e4 ajaa EU alueen pankkien vaatimuksia\nkorkeampaa v\u00e4himm\u00e4isomavaraisuusastetta. Empiirinen tutkimus suoritettiin\nk\u00e4ytt\u00e4m\u00e4ll\u00e4 aineistoa 447 pankista vuosilta 2010-2020. Ty\u00f6 tutkii\nv\u00e4himm\u00e4isomavaraisuusaste vaatimuksen ylitt\u00e4v\u00e4\u00e4 osaa pankin kokonaisv\u00e4himm\u00e4isomavaraisuusasteesta. Tutkimuksen muuttujat ovat yleisesti aikaisemmissa\ntutkimuksissa k\u00e4ytettyj\u00e4 tunnuslukuja. Tulokset tutkimuksesta vaihtelevat eri n\u00e4ytteiden\nv\u00e4lill\u00e4. Tutkimuksen tulokset vaihtelevat n\u00e4ytteiden v\u00e4lill\u00e4. Kannattavuusmuuttuja\nvaikuttaa v\u00e4himm\u00e4isomavaraisuusaste vaatimuksen ylitt\u00e4v\u00e4\u00e4 osaan suurimmassa osassa\ntapauksista negatiivisesti. Vakavaraisuudella on muuttujista merkitt\u00e4vin vaikutus\nv\u00e4himm\u00e4isomavaraisuusaste vaatimuksen ylitt\u00e4v\u00e4\u00e4 osaan ja t\u00e4m\u00e4 vaikutus on\npositiivinen. K\u00e4ytetyist\u00e4 malleista lineaarinen OLS-malli sopii dataan paremmin.\nTulosten perusteella n\u00e4ytt\u00e4isi silt\u00e4, ett\u00e4 EU-alueen pankkien vaatimuksen ylitt\u00e4v\u00e4\u00e4 osaa\nv\u00e4himm\u00e4isomavaraisuusasteesta ajaa p\u00e4\u00e4omasuhde, negatiivisten korkojen aika, voitto,\nlainat ja rahoituskustannukset. T\u00e4m\u00e4 viittaa siihen, ett\u00e4 pankkien ylim\u00e4\u00e4r\u00e4iseen\nv\u00e4himm\u00e4isomavaraisuusasteeseen vaikuttaa enimm\u00e4kseen pankkien sis\u00e4iset tekij\u00e4t eik\u00e4\nyleiset makromuuttujat. T\u00e4m\u00e4 saattaa viitata siihen, ett\u00e4 v\u00e4himm\u00e4isomavaraisuusaste on\njossain m\u00e4\u00e4rin suojattu makrotason muutoksilta.", "language": "fi", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.abstract", "value": "The Basel accords stated that banks should have a leverage ratio (Tier1 capital over on and off-balance sheet exposures) of a minimum of 3 %. This master\u2019s thesis studies what drives the banks in the EU area to have leverage ratios bigger than the requirement. The empirical research was conducted with a sample of 447 banks from 2010 to 2020. The excess leverage ratio (part of the bank\u2019s regulatory leverage ratio that was in excess of 3%) is examined with two different models to enable comparison. Variables of the study are commonly used key measures of bank performance used in the existing literature. The results of the study differ between samples. The profitability variable seems to affect the excess leverage ratio negatively across the samples. The capital ratio has the most prominent effect from the variables, and its effect is positive. From the models used, the linear OLS model fits the data better than the fixed effects model. \nFrom the results, it would seem that the main drivers behind the excess leverage the banks in the EU area hold are Capital ratio, time of negative interest rates, profit, loans, and funding costs. This would indicate that the excess leverage that banks hold is mostly driven by banks\u2019 internal figures and not the common macro variables. This could indicate that the excess leverage is somewhat protected from macro level-shocks.", "language": "en", "element": "description", "qualifier": "abstract", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Submitted by Miia Hakanen (mihakane@jyu.fi) on 2022-12-20T08:24:18Z\nNo. of bitstreams: 0", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.description.provenance", "value": "Made available in DSpace on 2022-12-20T08:24:18Z (GMT). No. of bitstreams: 0\n Previous issue date: 2022", "language": "en", "element": "description", "qualifier": "provenance", "schema": "dc"}, {"key": "dc.format.extent", "value": "42", "language": "", "element": "format", "qualifier": "extent", "schema": "dc"}, {"key": "dc.format.mimetype", "value": "application/pdf", "language": null, "element": "format", "qualifier": "mimetype", "schema": "dc"}, {"key": "dc.language.iso", "value": "eng", "language": null, "element": "language", "qualifier": "iso", "schema": "dc"}, {"key": "dc.rights", "value": "In Copyright", "language": "en", "element": "rights", "qualifier": null, "schema": "dc"}, {"key": "dc.subject.other", "value": "Leverage ratio", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "Basel III", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.subject.other", "value": "bank capital", "language": "", "element": "subject", "qualifier": "other", "schema": "dc"}, {"key": "dc.title", "value": "Basel III leverage ratio in the EU banking system", "language": "", "element": "title", "qualifier": null, "schema": "dc"}, {"key": "dc.type", "value": "master thesis", "language": null, "element": "type", "qualifier": null, "schema": "dc"}, {"key": "dc.identifier.urn", "value": "URN:NBN:fi:jyu-202212205767", "language": "", "element": "identifier", "qualifier": "urn", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Pro gradu -tutkielma", "language": "fi", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.type.ontasot", "value": "Master\u2019s thesis", "language": "en", "element": "type", "qualifier": "ontasot", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4 University School of Business and Economics", "language": "en", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.faculty", "value": "Jyv\u00e4skyl\u00e4n yliopiston kauppakorkeakoulu", "language": "fi", "element": "contributor", "qualifier": "faculty", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Taloustieteet", "language": "fi", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.department", "value": "Business and Economics", "language": "en", "element": "contributor", "qualifier": "department", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "Jyv\u00e4skyl\u00e4n yliopisto", "language": "fi", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.contributor.organization", "value": "University of Jyv\u00e4skyl\u00e4", "language": "en", "element": "contributor", "qualifier": "organization", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Taloustiede", "language": "fi", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "dc.subject.discipline", "value": "Economics", "language": "en", "element": "subject", "qualifier": "discipline", "schema": "dc"}, {"key": "yvv.contractresearch.funding", "value": "0", "language": "", "element": "contractresearch", "qualifier": "funding", "schema": "yvv"}, {"key": "dc.type.coar", "value": "http://purl.org/coar/resource_type/c_bdcc", "language": null, "element": "type", "qualifier": "coar", "schema": "dc"}, {"key": "dc.rights.accesslevel", "value": "openAccess", "language": null, "element": "rights", "qualifier": "accesslevel", "schema": "dc"}, {"key": "dc.type.publication", "value": "masterThesis", "language": null, "element": "type", "qualifier": "publication", "schema": "dc"}, {"key": "dc.subject.oppiainekoodi", "value": "2041", "language": "", "element": "subject", "qualifier": "oppiainekoodi", "schema": "dc"}, {"key": "dc.subject.yso", "value": "pankkiala", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.subject.yso", "value": "banking sector", "language": null, "element": "subject", "qualifier": "yso", "schema": "dc"}, {"key": "dc.format.content", "value": "fulltext", "language": null, "element": "format", "qualifier": "content", "schema": "dc"}, {"key": "dc.rights.url", "value": "https://rightsstatements.org/page/InC/1.0/", "language": null, "element": "rights", "qualifier": "url", "schema": "dc"}, {"key": "dc.type.okm", "value": "G2", "language": null, "element": "type", "qualifier": "okm", "schema": "dc"}]
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