| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w0737 |
| 来源ID | Working Paper 0737 |
| Implications of Corporate Capital Structure Theory for Banking Institutions | |
| Yair E. Orgler; Robert A. Taggart, Jr. | |
| 发表日期 | 1981-08-01 |
| 出版年 | 1981 |
| 语种 | 英语 |
| 摘要 | This paper applies some recent advances in corporate capital structure theory to the determination of optimal capital in banking. The effects of corporate and personal taxes, government regulation, the technology of producing deposit services and the costs of bankruptcy and agency problems are all discussed in the context of the U.S. commercial banking system. The analysis suggests explanations for why commercial banks tend to have relatively less capital than nonfinancial firms, why commercial bank leverage has tended to increase over time and why large banks tend to have relatively less capital than small banks. |
| 主题 | Macroeconomics |
| URL | https://www.nber.org/papers/w0737 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/557945 |
| 推荐引用方式 GB/T 7714 | Yair E. Orgler,Robert A. Taggart, Jr.. Implications of Corporate Capital Structure Theory for Banking Institutions. 1981. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w0737.pdf（253KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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