Tuesday, November 9, 2010

Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Socially Expensive

The Leverage Ratchet Effect

Anat R. Admati, Peter M. DeMarzoMartin F. Hellwig, and Paul Pfleiderer, July 31, 2013 (revised May 30, 2014)

Download the PDF of Article (revised version of 2012 "Debt Overhang and Capital Regulation")

Related Writings and Presentations by the Authors

Commentary and Letters 

Presentations and Lectures

Policy Papers

Academic and other Papers