Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10002608492
Persistent link: https://www.econbiz.de/10002918935
Real estate lenders are required to account for troubled real estate loans under guidance provided by generally accepted accounting principles (GAAP). GAAP prescribes that cash flows of a troubled loan be discounted at a rate substantially different than financial theory indicates. The...
Persistent link: https://www.econbiz.de/10005258797
Persistent link: https://www.econbiz.de/10007270819
Persistent link: https://www.econbiz.de/10006125344
Persistent link: https://www.econbiz.de/10008640747
Persistent link: https://www.econbiz.de/10007753556
Persistent link: https://www.econbiz.de/10007875414
<heading id="h1" level="1" implicit="yes" format="display">Abstract</heading>We investigate the effects of changes in the federal funds target rate on bank stock returns through an event-study analysis. We examine the state dependency of such effects and focus on the surprise elements of policy changes derived from the federal funds futures market. Although we...
Persistent link: https://www.econbiz.de/10008671077