A review of recent books on credit risk
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Dr Til Schuermann
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Article
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2005
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John Wiley and Sons
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English
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This definition is used in the New Basel Capital Accord (BIS, 2001, ยง547). 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 se