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...
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2010.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2010/208 |
| Онлайн доступ: | Full text available on IMF |