Are bank capital ratios too high or too low?: Incomplete markets and optimal capital structure

被引:5
作者
Gale, D [1 ]
Özgür, O [1 ]
机构
[1] NYU, New York, NY 10012 USA
关键词
D O I
10.1162/1542476054472892
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the effect of relative risk aversion on optimal capital structure in a general-equilibrium model of intermediation with incomplete markets.
引用
收藏
页码:690 / 700
页数:11
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