Safer, but not safe enough

The great divide between official analyses and economists’ views of optimal bank equity capital is not as wide as appears at first sight if the economics of risk is properly addressed. Adapting the BoE’s analysis to take account of abnormal risk conditions, a less benign view of the effectiveness of...

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Autor principal: Vickers, J
Format: Journal article
Idioma:English
Publicat: MDPI 2019

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