Acharya, Viral V. (contributor); … - 2004 - [Elektronische Ressource]
e–mail: Tanju.Yorulmazer@bankofengland.co.uk
A Theory of Procyclical Bank Herding
Abstract
When bank loan returns have … ∈ [0,1].4
4In order to focus exclusively on the choice of inter-bank correlation, we abstract from the much-studied
issue …