To make high-quality research more accessible and easier to explore.
Fields:
29 results
Capital controls and bank risk
Bank Income Taxes and Interest Rate Risk Management: A Note
Capital Asset Pricing in a General Equilibrium Framework
Paul H. Cootner, David H. Pyle, Capital Asset Pricing in a General Equilibrium Framework, The Journal of Financial and Quantitative Analysis, Vol. 13, No. 4, Proceedings of Thirteenth Annual Conference of the Western Finance Association, June 20-26, 1978 (Nov., 1978), pp. 613-624
Liquidation costs and risk-based bank capital
Bank Income Taxes and Interest Rate Risk Management: A Note
Safety-First and Expected Utility Maximization in Mean-Standard Deviation Portfolio Analysis
David H. Pyle, Stephen J. Turnovsky, Safety-First and Expected Utility Maximization in Mean-Standard Deviation Portfolio Analysis, The Review of Economics and Statistics, Vol. 52, No. 1 (Feb., 1970), pp. 75-81
Informational Asymmetries, Financial Structure, and Financial Intermediation
Hayne E. Leland, David H. Pyle, Informational Asymmetries, Financial Structure, and Financial Intermediation, The Journal of Finance, Vol. 32, No. 2, Papers and Proceedings of the Thirty-Fifth Annual Meeting of the American Finance Association, Atlantic City, New Jersey, September 16-18, 1976 (May, 1977), pp. 371-387
INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION
NUMEROUS MARKETS ARE characterized by informational differences between buyers and sellers. In financial markets, informational asymmetries are particularly pronounced. Borrowers typically know their collateral, industriousness, and moral rectitude better than do lenders; entrepreneurs possess "inside" information about their own projects for which they seek financing.