Optimal Bank Capital with Costly Recapitalization

By Samu Peura, Jussi Keppo. 2006

188 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b97ca5a9b8657a59c496f0ef75117fa9543cd2d1

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Citations in the corpus

Efficiency and Risk in European Banking (2011, unknown): “Holding additional capital buffers above the regulatory minimum for banks with higher levels of risk aims to avoid the costs associated with having to issue fresh equity at short notice (Ayuso et al., 2004; Peura and Keppo, 2006).”
Risk, capital and efficiency in Chinese Banking (2013, unknown): “Recent studies are conducted by Williams (2004), Altunbas et al.”
Bank Capital, Liquid Reserves, and Insolvency Risk (2017, unknown): “From a methodological perspective, our paper relates to the inventory models of Milne and Whalley (2001), Peura and Keppo (2006), Bolton, Chen, and Wang (2011), Décamps, Mariotti, Rochet, and Villeneuve (2011), and Hugonnier, Malamud, and Morellec (2014) in which financing costs lead banks or…”
Bank Capital Ratios Across Countries: Why Do They Vary? (2008, unknown): “Barrios and Blanco (2003), Ayuso et al. (2004), and Peura and Keppo (2006) provide formal models of the determination of such a buffer.”
The Risk Sensitivity of Capital Requirements: Evidence from an International Sample of Large Banks* (2013, background): “Instead, extant empirical work has focused on whether the amount of capital which banks hold is in line with bank risk (e.g., Shrieves and Dahl, 1992; Jacques and Nigro, 1997; Calem and Rob, 1999; Peura and Keppo, 2006; Flannery and Rangan, 2008).”
OPTIMAL DIVIDEND PAYMENTS WHEN CASH RESERVES FOLLOW A JUMP‐DIFFUSION PROCESS (2010, background): “Peura and Keppo (2006) extend this work by introducing delay in capital injection and proportional costs.”
Bank capital buffer and risk adjustment decisions (2011, background): “Moreover, Peura and Keppo (2006) show that for a sample of US banks between 1983 and 200225, those banks with higher than average loan loss provisions have; (i) on average lower expected returns; (ii) on average higher standard deviations in expected returns; (iii) a positive and highly significant…”
The Procyclical Effects of Basel II (2008, background): “The papers closest to ours are Estrella (2004), Peura and Keppo (2006), and Zhu (2008). Estrella (2004) considers the dynamic optimization problem of a bank when its dividend”
Financial Accounting in the Banking Industry: A Review of the Empirical Literature (2014, unknown): “For example, Peura and Keppo (2006) find that return volatility”
The Determinants of Bank Capital Structure (2010, unknown): “An alternative, less stark view of the impact of regulation has banks holding capital buffers, or discretionary capital, above the regulatory minimum in order to avoid the costs associated with having to issue fresh equity at short notice (Ayuso et al., 2004, and Peura and Keppo, 2006).”
Microprudential Regulation in a Dynamic Model of Banking (2014, background): “See for instance, Berger, Miller, Petersen, Rajan, and Stein (2005), Carter and McNulty (2005), Cole, Goldberg, and White (2004).”