The Role of Bank Capital in Bank Holding Companies' Decisions /

This paper examines the role of bank capital in decision-making by bank holding companies (BHCs) in the United States. Following Chami and Cosimano's (2001) call option approach to bank capital, BHCs optimally choose the amount of capital to insure the bank against becoming capital constrained...

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Hlavní autor: Barajas, Adolfo
Další autoři: Cosimano, Thomas, Hakura, Dalia, Roelands, Sebastian
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2015.
Edice:IMF Working Papers; Working Paper ; No. 2015/057
On-line přístup:Full text available on IMF