Adrian, Tobias (contributor); Shin, Hyun Song (contributor) - 2008
loss distribution is exponential, the behavior of intermediaries conforms to the Value-at-Risk (VaR) rule, in which …Federal Reserve Bank of New York
Staff Reports
Financial Intermediary Leverage and Value-at-Risk
Tobias Adrian
Hyun … Leverage and Value-at-Risk
Tobias Adrian and Hyun Song Shin
Federal Reserve Bank of New York Staff Reports, no. 338
July 2008 …