Measuring off-Balance-Sheet Leverage /
The simultaneous unwinding of leveraged positions can trigger financial market turbulence. Although balance-sheet measures of leverage are available, it is useful to construct a measure of leverage that incorporates both on- and off-balance-sheet activities. This paper provides measures of leverage...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2000.
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Series: | IMF Working Papers; Working Paper ;
No. 2000/202 |
Online Access: | Full text available on IMF |