Capital adequacy and competition in a pure model of banking
|Title:||Capital adequacy and competition in a pure model of banking||Authors:||Honohan, Patrick||Permanent link:||http://hdl.handle.net/10197/1439||Date:||Sep-1987||Abstract:||Banks are seen as having informational advantages in the market for risky securities. The competitive implications of these advantages are explored in a model of asset prices. The impact of capital adequacy requirements on shareholders and borrowers is explored. The paper concludes with a brief extension to the analysis of required liquidity ratios and of competition between banks which are subject to different regulatory regimes.||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Subject LCSH:||Banks and banking--Econometric models
|Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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