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Was bank leverage too high before the crisis? Explain why excessive maturity transformation by banks is risky. Explain the role of risk weights in capital
- Was bank leverage too high before the crisis?
- Explain why excessive maturity transformation by banks is risky.
- Explain the role of risk weights in capital regulation and why they can also create problems.
- Explain what Hellwig means by 'regulatory capture by sophistication'.
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Essentials of Economics
Authors: N. Gregory Mankiw
8th edition
1337091995, 978-1337515351, 1337515353, 978-1337091992
