Llorens, Vanesa; Martín Oliver, Alfredo - In: SERIEs : Journal of the Spanish Economic Association 8 (2017) 3, pp. 287-309
This paper analyzes the financing choices of banks under capital regulation during the expansion period that preceded the crisis. We use data from Dealogic on the issuances of financial instruments of Spanish banks to test whether financing choices respond to predictions derived from the...