關鍵字查詢 | 類別:期刊論文 | | 關鍵字:Regret Aversion and Shadow Banking

[第一頁][上頁]1[次頁][最末頁]目前在第 1 頁 / 共有 01 筆查詢結果
序號 學年期 教師動態
1 107/2 國企系 林志鴻 教授 期刊論文 發佈 Optimal Bank Interest Margin Under Capital Regulation: Regret Aversion and Shadow Banking , [107-2] :Optimal Bank Interest Margin Under Capital Regulation: Regret Aversion and Shadow Banking期刊論文Optimal Bank Interest Margin Under Capital Regulation: Regret Aversion and Shadow BankingXuelian Li; Jyh-Horng Lin; Fu-Wei HuangRegret;shadow banking;bank interest margin;capital regulationInternational Journal of Information and Management Sciences 30(2), p.169 - 184This paper takes a contingent claim approach to the market valuation of a banking firm's equity. A model is presented that explicitly takes into account the following: (i) the bank is regret-averse; (ii) the earning-asset portfolio of the bank includes regular banking loans, default-free liquid assets, and shadow banking wealth management products; and (iii) imposing heightened capital requirements on the bank emerges. We argue that it may not be regretful for the bank to conduct the WMPs, implying that these activities have been increasing over time. Increases in WMPs or capital requirements decrease the bank interest margin, whic
[第一頁][上頁]1[次頁][最末頁]目前在第 1 頁 / 共有 01 筆查詢結果