“…Cincotti et al (2012), Krug et al (2015), Neuberger andRissi (2014), andRiccetti et al (2018) examine most Basel III regulations, including the CAR, NSFR, leverage ratio, liquidity coverage ratio (LCR), capital conservation buffer, and countercyclical buffer. Reale (2022) integrates an interbank market into the SFC framework and sheds light on the macroeconomic impacts of the NSFR when banks can borrow and lend in the interbank market. Meanwhile, a few mainstream macroeconomic models investigate the impacts of Basel III regulations.…”