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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| Médium: | Journal article |
| Jazyk: | English |
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MDPI
2019
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