Banking and trading /
We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long-term oriented, with high implicit capital, and low risk (thanks to the law of large numbers). Trading is transactions-based: scalable, shortterm, capital constrained, and with t...
Clasificación: | Libro Electrónico |
---|---|
Autor principal: | Boot, Arnoud W. A. (Willem Alexander), 1960- |
Autor Corporativo: | International Monetary Fund. Research Department |
Otros Autores: | Ratnovski, Lev |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
Ã2012.
|
Colección: | IMF working paper ;
WP/12/238. |
Temas: | |
Acceso en línea: | Texto completo |
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