Working paper in academic journal | Bank capital adjustment to public debt shocks: The role of institutions in emerging markets
May 21, 2026
Carlos Giraldo, Iader Giraldo, Jose E. Gomez-Gonzalez, and Jorge M. Uribe have published the study “Bank capital adjustment to public debt shocks: The role of institutions in emerging markets”, which examines how public debt shocks affect banks’ capital ratios and how these responses vary depending on institutional and regulatory quality across countries. The findings highlight the importance of strong regulatory frameworks in supporting financial stability, particularly in emerging markets.
