Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital Structure, and the Low-Risk Anomaly

• 成果类型: Article; Proceedings Paper
• 署名作者: Baker, Malcolm; Wurgler, Jeffrey
• 署名单位: Harvard University; National Bureau of Economic Research; New York University
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.p20151092
• 发表日期: 2015
• 页码: 315-320
• 关键词: EXPECTED RETURNS; cross-section; lotteries; stocks