Merrouche, Ouarda; Detragiache, Enrica; … - International Monetary Fund (IMF) - 2010
the financial crisis. We differentiate among various types of capital ratios: the Basel risk-adjusted ratio; the leverage …, differences in capital did not have much impact on stock returns; (ii) during the crisis, a stronger capital position was … capital is stronger when capital is measured by the leverage ratio rather than the risk-adjusted capital ratio; (iv) higher …