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Volumn 97, Issue 1, 2007, Pages 6-10

Financial development and the opacity of banks

Author keywords

Asset substitution; Financial development; Opaque assets

Indexed keywords


EID: 34548127246     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2007.02.006     Document Type: Article
Times cited : (31)

References (11)
  • 1
    • 34548137420 scopus 로고    scopus 로고
    • Capital structure and firm performance: a new approach in testing agency theory and an application to the banking industry
    • Berger A., and Bonaccorsi di Patti E. Capital structure and firm performance: a new approach in testing agency theory and an application to the banking industry. FEDS working paper vol. 2002-54 (2002)
    • (2002) FEDS working paper , vol.2002 -54
    • Berger, A.1    Bonaccorsi di Patti, E.2
  • 2
    • 0000646935 scopus 로고
    • The role of demandable debt in structuring optimal banking arrangements
    • Calomiris C., and Kahn C. The role of demandable debt in structuring optimal banking arrangements. American Economic Review 81 (1991) 497-513
    • (1991) American Economic Review , vol.81 , pp. 497-513
    • Calomiris, C.1    Kahn, C.2
  • 3
  • 4
    • 0039028808 scopus 로고    scopus 로고
    • A theory of bank capital
    • Diamond D., and Rajan R. A theory of bank capital. Journal of Finance 55 (2000) 2431-2465
    • (2000) Journal of Finance , vol.55 , pp. 2431-2465
    • Diamond, D.1    Rajan, R.2
  • 5
    • 34548132508 scopus 로고    scopus 로고
    • Goderis, B., Marsh, I., Vall Castello, J., Wagner, W., 2005. Bank behavior with access to credit risk transfer markets. Mimeo, Cambridge University.
  • 6
    • 34548126577 scopus 로고    scopus 로고
    • Iannotta, G., 2004. Testing for opaqueness in the European banking industry: evidence from bond credit ratings. Mimeo, Bocconi University.
  • 7
    • 0039488602 scopus 로고    scopus 로고
    • Rating banks: risk and uncertainty in an opaque industry
    • Morgan D. Rating banks: risk and uncertainty in an opaque industry. American Economic Review 92 (2002) 874-888
    • (2002) American Economic Review , vol.92 , pp. 874-888
    • Morgan, D.1
  • 8
    • 49449125071 scopus 로고
    • Determinants of corporate borrowing
    • Myers S. Determinants of corporate borrowing. Journal of Financial Economics 5 (1977) 147-175
    • (1977) Journal of Financial Economics , vol.5 , pp. 147-175
    • Myers, S.1
  • 10
    • 34548137422 scopus 로고    scopus 로고
    • Has financial development made the world riskier?
    • Rajan R. Has financial development made the world riskier?. NBER Working Paper vol. 11728 (2005)
    • (2005) NBER Working Paper , vol.11728
    • Rajan, R.1
  • 11
    • 33845307106 scopus 로고    scopus 로고
    • Wagner, W., 2007. The liquidity of bank assets and banking stability. Journal of Banking and Finance 31, 121-139.


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.