This paper aims to investigate the role of capital for banking institutions and provide an empirical analysis on large Italian banks' capital adequacy. The paper is organized as follows. The first section introduces to the issue of the paper. The second section explains why the capital is...

Chapter 1: Introduction -- Chapter 2: Rome and the Papal State: Old Customs and the New Kingdom of Italy -- Chapter 3: Finance and Banking -- Chapter 4: Structural Elements of the Rome Stock Exchange: Regulations, Price Lists and Intermediaries -- Chapter 5: The Rome Stock Exchange and the...

The past two decades have seen substantial deregulation in the financial sectors of most OECD countries. The main motivation was to improve efficiency within the financial system, but the macroeconomic implications might go beyond this objective with impacts on the business cycle and the...