Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Socially Expensive
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Preprint
- 1 January 2013
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
We examine the pervasive view that "equity is expensive," which leads to claims that high capital requirements are costly for society and would affectKeywords
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