Heider, Florian; Gropp, Reint - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
large banks in the United States and Europe. We find a remarkable consistency in sign, significance and economic magnitude …. Like non-financial firms, banks appear to have stable capital structures at levels that are specific to each individual … bank. The results suggest that capital requirements may only be of second-order importance for banks? capital structures …