相关数据集
Interest Rate Risk and the Regulation of Financial Institutions
A bank or other financial institution is potentially subject to at least four types of risk: (1) Credit risk -- defaults or delays in repayments. (2) Fraud -- embezzlement or insider abuse. (3) Liquid
NBER1978-07-01 更新50
Banking on Deposits: Maturity Transformation without Interest Rate Risk
We show that maturity transformation does not expose banks to significant interest rate risk|it hedges it. This is due to banks' deposit franchise. The deposit franchise gives banks substantial market
NBER2018-05-01 更新90
Interest Rate Risk and Capital Adequacy For Traditional Banks and Financial Intermediaries
Traditionally, banks and financial intermediaries borrow short and lend long. This causes a risk of negative net worth (and failure, under simplifying assumptions), because the present discounted valu
NBER1978-03-01 更新60
