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

成果类型：

Article; Proceedings Paper

署名作者：

Gale, D; Özgür, O

署名单位：

New York University

刊物名称：

JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION

ISSN/ISSBN：

1542-4766

DOI：

10.1162/jeea.2005.3.2-3.690

发表日期：

2005

页码：

690-700

关键词：

摘要：

We study the effect of relative risk aversion on optimal capital structure in a general-equilibrium model of intermediation with incomplete markets.

来源URL：