A review of recent books on credit risk
β Scribed by Dr Til Schuermann
- Publisher
- John Wiley and Sons
- Year
- 2005
- Tongue
- English
- Weight
- 104 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0883-7252
- DOI
- 10.1002/jae.827
No coin nor oath required. For personal study only.
β¦ Synopsis
This definition is used in the New Basel Capital Accord (BIS, 2001, Β§547). 2 The purpose of capital is to provide a cushion against losses for a financial institution. The literature on the general rationale for capital regulation in financial institutions is extensive and has been the subject of several recent surveys (
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