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Government Guarantees and the Valuation of American Banks
6 references·1 citing·33 second hop
Government Guarantees and the Valuation of American Banks (2018)Government Guarantees and the Valuation o…Maintaining adequate bank capital: An empirical analysis of the supervision of European banks (2015)Maintaining adequate bank cap…Crisis-related shifts in the market valuation of banking activities (2014)Crisis-related shifts in the …Valuing Core Deposits (2012)Valuing Core DepositsCorporate Bond Default Risk: A 150-Year Perspective (2010)Corporate Bond Default Risk: …An Empirical Analysis of the Jarrow-van Deventer Model for Valuing Non-Maturity Demand Deposits (1999)An Empirical Analysis of the …The Investment, Financing, and Valuation of the Corporation (1963)The Investment, Financing, an…Dynamic Banking and the Value of Deposits (2020)Dynamic Banking and the Value…Bank Runs, Deposit Insurance, and Liquidity (1983)Bank governance, regulation and risk taking (2008)Market Liquidity and Funding Liquidity (2008)Bail‐in rules and the pricing of Italian bank bonds (2018)Regulatory capital and bank risk-resilience amid the Covid-19 pandemic: How are the Basel reforms faring? (2022)Financial earthquakes and aftershocks: From Brexit to Russia-Ukraine conflict and the stability of European banks (2023)The Rigidity of Prices: Evidence from the Banking Industry (1991)Market Structure and the Nature of Price Rigidity: Evidence from the Market for Consumer Deposits (1992)Basel Committee On Banking Supervision (2010)Retail Bank Interest Margins in Low Interest Rate Environments (2016)Bond Pricing and the Term Structure of Interest Rates: A New Methodology for Contingent Claims Valuation (1992)Fitting Yield Curves and Forward Rate Curves With Maximum Smoothness (1994)Measuring Rents and Interest Rate Risk in Imperfect Financial Markets: The Case of Retail Bank Deposits (1996)Long-term bank balance sheet management: Estimation and simulation of risk-factors (2013)Government Guarantees and the Valuation of American Banks (2018)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Financial Intermediation and Delegated Monitoring (1984)RETRACTED: The influence of digital finance based on the intermediary effect of investor confidence on organizations’ financing constraints (2022)Banks, Low Interest Rates, and Monetary Policy Transmission (2025)Corporate financing and investment decisions when firms have information that investors do not have (1984)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Assessing financial stability: The Capital and Loss Assessment under Stress Scenarios (CLASS) model (2015)Understanding Bank Risk through Market Measures (2016)The Impact of ESG Scores on Bank Market Value? Evidence from the U.S. Banking Industry (2022)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)The Pricing of Options and Corporate Liabilities (1973)Common risk factors in the returns on stocks and bonds (1993)Should we regulate financial information? (2015)Stock liquidity and default risk around the world (2020)The Macroeconomic Uncertainty Premium in the Corporate Bond Market (2020)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)
this work references cited by second hop

References

  • 1963The Investment, Financing, and Valuation of the Corporation958 cited
  • 2010Corporate Bond Default Risk: A 150-Year Perspective175 cited
  • 2014Crisis-related shifts in the market valuation of banking activities115 cited
  • 1999An Empirical Analysis of the Jarrow-van Deventer Model for Valuing Non-Maturity Demand Deposits51 cited
  • 2015Maintaining adequate bank capital: An empirical analysis of the supervision of European banks34 cited
  • 2012Valuing Core Deposits33 cited

Cited by

  • 2020Dynamic Banking and the Value of Deposits29 cited

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