Burghof, Hans-Peter - In: Credit and Capital Markets – Kredit und Kapital 53 (2020) 3, pp. 305-323
debate on the costs of bank equity, look at the incentive effects and potential distortions provoked by the actual regulatory … regimes, and finally describe banks' regulation as a hysteretic process that creates detrimental phases of under- und … contradiction to the reasoning in the influential paper of Admati et al. (2010), bank equity is indeed costly and excessive capital …
