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Title:Credit Market Competition and Capital Regulation Author(s):ALLEN, Franklin; CARLETTI, Elena
; MARQUEZ, RobertDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/08Abstract:It is commonly believed that equity finance for banks is more costly than deposits. This suggests that banks should economize on the use of equity and regulatory constraints on capital should be binding. Empirical evidence ...
