Interest Rate Risk and Capital Adequacy for Traditional Banks and Financial Intermediaries

J. Huston McCulloch
Published Date
Copyright 1981
ISBN 0226502813
Book: Risk and Capital Adequacy in Commercial Banks
Book editor: Sherman J. Maisel
PUBLISHER: University of Chicago Press
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  • J. Huston McCulloch, Risk and Capital Adequacy in Commercial Banks (University of Chicago Press, 1981), chap. 10, https://www.nber.org/books-and-chapters/risk-and-capital-adequacy-commercial-banks/interest-rate-risk-and-capital-adequacy-traditional-banks-and-financial-intermediaries.

Published From Paper

Interest Rate Risk and Capital Adequacy For Traditional Banks and Financial Intermediaries
- Working Paper
Traditionally, banks and financial intermediaries borrow short and lend long. This causes a risk of negative net worth...

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