Risk sharing, efficiency of capital allocation, and the connection between banks and the real economy
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DOI: 10.1016/j.jcorpfin.2019.101538
Abstract: Abstract We propose a measure of the extent to which a financial institution is connected to the real economy. The Share of Core Assets (SCA) is a measure of the composition of assets – namely,… read more here.
Keywords: risk sharing; capital allocation; real economy; efficiency capital ... See more keywords