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International Prudential Regulation, Regulatory Risk and Cost of Bank Capital

We define regulatory risk as regulation that leads to an increase in the cost of capital for a regulated firm. In a general equilibrium setting, scholars have shown that uniform increases in capital requirements lead to an increase in the cost of capital. We extend their model to show that when regu...

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Главный автор: Phong T. H. Ngo
Формат: Artigo
Язык:Inglês
Опубликовано: Universiti Utara Malaysia 2008-03-01
Серии:The International Journal of Banking and Finance
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Online-ссылка:https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8358
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