منابع مشابه
Central Bank Independence and Macro- prudential Regulation
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This Working Paper series presents papers in a preliminary form and serves to stimulate comment and discussion. The views expressed are entirely the author's own and not that of the Institute of Defence and Strategic Studies. The Institute of Defence and Strategic Studies (IDSS) was established in July 1996 as an autonomous research institute within the Nanyang Technological University. Its obj...
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We develop a theory of how agency conflicts between the shareholders and debt holders of a financial institution, accounting measurement rules, and prudential capital regulation interact to affect the institution’s capital structure and project choices. We show that, relative to a benchmark historical cost regime in which assets and liabilities on the institution’s balance sheet are measured at...
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ژورنال
عنوان ژورنال: Management Science
سال: 2020
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.2019.3333