Bank Risk and the Declining Franchise Value of the Banking Systems in the United States and Japan /

This paper associates both the increase in risk taken by wholesale banks in the United States and the decline in earnings at wholesale banks in Japan with a reduction in the franchise value of wholesale banking. In contrast with the conventional view that relates the franchise value of banking to in...

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Bibliografske podrobnosti
Glavni avtor: Lee, Howard
Drugi avtorji: Rojas-Suarez, Liliana, Weisbrod, Steven
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1992.
Serija:IMF Working Papers; Working Paper ; No. 1992/045
Online dostop:Full text available on IMF