Miles, David; Yang, Jing; Marcheggiano, Gilberto - 2011 - Rev. and expanded version, April 2011
-absorbing capital, or equity. Measuring those costs requires careful consideration of a wide range of issues about how shifts in funding … of the benefits from having banks use more equity no estimate of costs - however accurate - can tell us what the optimal … wide range of countries over a long period to assess risks to banks and how equity funding (or capital) protects against …
