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- W2754698317 abstract "Admati and Hellwig (2013) have done a service by placing the question of the appropriate level of prudential bank capital requirements front-and-center. However, their claim that a 20 percent leverage ratio is the appropriate level of capital requirements is not convincing. As argued by Aiyar et al. (2015), Admati and Hellwig’s analysis rests on a supposition that Modigliani–Miller holds for banks…" @default.
- W2754698317 created "2017-09-25" @default.
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- W2754698317 date "2017-09-19" @default.
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- W2754698317 title "Capital Regulation: How Much Capital is Needed?" @default.
- W2754698317 doi "https://doi.org/10.1142/9789813223400_0008" @default.
- W2754698317 hasPublicationYear "2017" @default.
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