ABCDEFG
1
Capital Measures
2
Yale Program on Financial Stability
3
Working Document - Updates in Progress
4
5
Purpose: This document provides an overview of Capital Measures. It highlights programs that were extended, modified, or created in response to the COVID - 19 Crisis. It also provides a list of interesting features and relevant evaluations a policymaker should pay special attention to when designing such a program. Capital Measures implemented in response to Covid-19 are also cataloged.
6
7
Blog Post: [NAME]
8
For a discussion of the Capital measures based on this resource guide, please see the linked blog post, which highlights key design decisions.
9
10
Tab 1: Programs
11
High-level overviews of programs are summarized by country, with specific attention paid to extension/expansion of existing programs and additional programs. Supporting documentation is provided.
12
Tab 2: Interesting Features
13
Interesting design features of programs from Tab 1 are listed and categorized by type of design decision. Categories include which buffers to use, risk weighting, and conditions on capital distributions. Yellow highlighting indicates that the specific feature warrants caution, and the reason for caution is provided.
14
Tab 3: Evalutions
15
Compiles key takeaways from evaluations of specific programs. Evaluations include those related to program usage, such as official reports, or evaluations of the effectiveness of the program.
16
Tab 4: General Resources
17
A repository for relevant or general information, such as OECD and World Bank Reports. Other documents are added as identified.
18
19
For questions about this document, please contact: ypfs@yale.edu
20
21