THE ROLE OF CAPITAL IN FINANCIAL INSTITUTIONS

被引：317

作者：

BERGER, AN

HERRING, RJ

SZEGO, GP

机构：

[1] WHARTON FINANCIAL INST CTR, PHILADELPHIA, PA 19104 USA

[2] UNIV ROMA LA SAPIENZA, ROME, ITALY

来源：

JOURNAL OF BANKING & FINANCE | 1995年 / 19卷 / 3-4期

关键词：

BANK; CAPITAL; REGULATION; SECURITIZATION; CREDIT CRUNCH;

D O I：

10.1016/0378-4266(95)00002-X

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This introductory article examines the role of capital in financial institutions - why it is important, how market-generated capital 'requirements' differ from regulatory requirements, and the form that regulatory requirements should take. Along the way, we examine historical trends in bank capital, problems in measuring capital, and some possible unintended consequences of capital requirements. Within this framework, we evaluate how the contributions to this special issue advance the literature and suggest topics for future research.

引用

页码：393 / 430

页数：38

共 105 条

[1] OPTIMAL BANK REORGANIZATION POLICIES AND THE PRICING OF FEDERAL DEPOSIT INSURANCE [J].