Matches in SemOpenAlex for { <https://semopenalex.org/work/W3121859910> ?p ?o ?g. }
- W3121859910 abstract "Motivated by behavioural asset pricing theory, we extend Vasicek (1977, 2002) to a statistical risk accounting model to characterize the compensating risk premium required to sustain minority banks’ (MBs) altruistic motive to provide credit in underserved communities. Our model predicts that increased bank capitalization, and brokered deposit (BD) exceptions, compensate risk when the incremental internal rate of return they induce is negatively correlated with the internal rate of return on extant MB loan portfolios. Thus implying, paradoxically, that loan portfolios levered by increased capital, and brokered deposits, militate against altruistic motives. This suggests that for a given amount of altruism, minority banks are better served by tactical portfolio allocation in an expanded investment opportunity set. Using Federal Reserve Statistical Release (12/2011) on select FFIEC Form 031 (“Call Report”) data, we fit a risk-return function for minority banks and estimate the compensating risk premium for return on assets." @default.
- W3121859910 created "2021-02-01" @default.
- W3121859910 creator A5080502815 @default.
- W3121859910 date "2013-01-01" @default.
- W3121859910 modified "2023-09-28" @default.
- W3121859910 title "The Risk Premium for Minority Banks Altruistic Portfolios in Underserved Communities" @default.
- W3121859910 cites W1515360408 @default.
- W3121859910 cites W1542497748 @default.
- W3121859910 cites W1546523058 @default.
- W3121859910 cites W1589928278 @default.
- W3121859910 cites W1973901486 @default.
- W3121859910 cites W1974685451 @default.
- W3121859910 cites W1975877352 @default.
- W3121859910 cites W1977567824 @default.
- W3121859910 cites W1980799084 @default.
- W3121859910 cites W1989285461 @default.
- W3121859910 cites W1993874885 @default.
- W3121859910 cites W1995118028 @default.
- W3121859910 cites W1995550984 @default.
- W3121859910 cites W2000578291 @default.
- W3121859910 cites W2026929423 @default.
- W3121859910 cites W2029023465 @default.
- W3121859910 cites W2034446375 @default.
- W3121859910 cites W2040184740 @default.
- W3121859910 cites W2041946752 @default.
- W3121859910 cites W2050427776 @default.
- W3121859910 cites W2062229217 @default.
- W3121859910 cites W2067427317 @default.
- W3121859910 cites W2076057077 @default.
- W3121859910 cites W2077194288 @default.
- W3121859910 cites W2084050624 @default.
- W3121859910 cites W2085317472 @default.
- W3121859910 cites W2092895410 @default.
- W3121859910 cites W2099112247 @default.
- W3121859910 cites W2101249888 @default.
- W3121859910 cites W2103118707 @default.
- W3121859910 cites W2104344780 @default.
- W3121859910 cites W2107566558 @default.
- W3121859910 cites W2108593817 @default.
- W3121859910 cites W2111039889 @default.
- W3121859910 cites W2141064894 @default.
- W3121859910 cites W2580989708 @default.
- W3121859910 cites W2991769409 @default.
- W3121859910 cites W2993108434 @default.
- W3121859910 cites W3122704328 @default.
- W3121859910 cites W3122806732 @default.
- W3121859910 cites W3123567512 @default.
- W3121859910 cites W3123826726 @default.
- W3121859910 cites W3125047085 @default.
- W3121859910 cites W3125469568 @default.
- W3121859910 hasPublicationYear "2013" @default.
- W3121859910 type Work @default.
- W3121859910 sameAs 3121859910 @default.
- W3121859910 citedByCount "0" @default.
- W3121859910 crossrefType "posted-content" @default.
- W3121859910 hasAuthorship W3121859910A5080502815 @default.
- W3121859910 hasConcept C10138342 @default.
- W3121859910 hasConcept C106159729 @default.
- W3121859910 hasConcept C144133560 @default.
- W3121859910 hasConcept C151541453 @default.
- W3121859910 hasConcept C162118730 @default.
- W3121859910 hasConcept C162324750 @default.
- W3121859910 hasConcept C178350159 @default.
- W3121859910 hasConcept C2777764128 @default.
- W3121859910 hasConcept C2780821815 @default.
- W3121859910 hasConcept C556758197 @default.
- W3121859910 hasConcept C86637286 @default.
- W3121859910 hasConceptScore W3121859910C10138342 @default.
- W3121859910 hasConceptScore W3121859910C106159729 @default.
- W3121859910 hasConceptScore W3121859910C144133560 @default.
- W3121859910 hasConceptScore W3121859910C151541453 @default.
- W3121859910 hasConceptScore W3121859910C162118730 @default.
- W3121859910 hasConceptScore W3121859910C162324750 @default.
- W3121859910 hasConceptScore W3121859910C178350159 @default.
- W3121859910 hasConceptScore W3121859910C2777764128 @default.
- W3121859910 hasConceptScore W3121859910C2780821815 @default.
- W3121859910 hasConceptScore W3121859910C556758197 @default.
- W3121859910 hasConceptScore W3121859910C86637286 @default.
- W3121859910 hasLocation W31218599101 @default.
- W3121859910 hasOpenAccess W3121859910 @default.
- W3121859910 hasPrimaryLocation W31218599101 @default.
- W3121859910 hasRelatedWork W1563968107 @default.
- W3121859910 hasRelatedWork W1817404164 @default.
- W3121859910 hasRelatedWork W1874318378 @default.
- W3121859910 hasRelatedWork W1914816570 @default.
- W3121859910 hasRelatedWork W2071879129 @default.
- W3121859910 hasRelatedWork W2092854925 @default.
- W3121859910 hasRelatedWork W2126052605 @default.
- W3121859910 hasRelatedWork W2146190616 @default.
- W3121859910 hasRelatedWork W2183219274 @default.
- W3121859910 hasRelatedWork W2184233683 @default.
- W3121859910 hasRelatedWork W2256554615 @default.
- W3121859910 hasRelatedWork W2265075623 @default.
- W3121859910 hasRelatedWork W2340790517 @default.
- W3121859910 hasRelatedWork W2769832895 @default.
- W3121859910 hasRelatedWork W2890721938 @default.
- W3121859910 hasRelatedWork W3121590689 @default.
- W3121859910 hasRelatedWork W3124632249 @default.
- W3121859910 hasRelatedWork W3147492252 @default.
- W3121859910 hasRelatedWork W74892724 @default.