Bank Capital and Uncertainty /
An important role for bank capital is that of a buffer against unexpected losses. As uncertainty about these losses increases, the theory predicts an increase in the optimal level of bank capital. This paper investigates this implication empirically with U.S. Commercial Banks data and finds statisti...
| Hoofdauteur: | |
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| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2010/208 |
| Online toegang: | Full text available on IMF |