Thomas J. RIVERA (HEC Paris) – "Bank Regulation under adverse selection and the Cost of capital" Polytechnique Recruitment
Time: 12:15 pm – 1:30 pmDate: February 6 , 2019Place: Room 3001 Thomas J. RIVERA (HEC Paris) - "Bank Regulation under adverse selection and the Cost of capital" Polytechnique Recruitment Abstract: This paper studies a model of bank capital regulation whereby banks have private information regarding the value of their existing assets. Raising capital (e.g. equity) is […]