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Bank of Canada RSS Feedsen2024-03-29T15:01:42+00:00A Q-Theory of Banks
https://www.bankofcanada.ca/2021/09/staff-working-paper-2021-44/
Using stock market data on banks, we show that the book value of loans recognizes losses with a delay. This delayed accounting is important for regulation because the requirements regulators impose are based on book values.2021-09-24T14:28:26+00:00enA Q-Theory of Banks2021-09-24Financial institutionsFinancial stabilityFinancial system regulation and policiesStaff Working Paper 2021-44https://www.bankofcanada.ca/wp-content/uploads/2021/09/swp2021-44.pdfStaff Working Paper 2021-44Juliane BeganauSaki BigioJeremy MajerovitzMatÃas VieyraSeptember 2021EE4E44GG2G21G3G32G33