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Title:Deposits and bank capital structure Author(s):ALLEN, Franklin; CARLETTI, Elena
Date:2013Type:Working PaperSeries/Number:EUI ECO; 2013/03Abstract:In a model with bankruptcy costs and segmented deposit and equity markets, we endogenize the choice of bank and firm capital structure and the cost of equity and deposit finance. Despite risk neutrality, equity capital is ...
Date:2013Type:Working PaperSeries/Number:EUI ECO; 2013/03Abstract:In a model with bankruptcy costs and segmented deposit and equity markets, we endogenize the choice of bank and firm capital structure and the cost of equity and deposit finance. Despite risk neutrality, equity capital is ...