Market discipline of banks: Why are yield spreads on bank-issued subordinated notes and debentures not sensitive to bank risks?

Author:

Balasubramnian Bhanu,Cyree Ken B.

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference41 articles.

1. Market discipline in regulating bank risk: new evidence from the capital markets;Avery;Journal of Money, Credit, and Banking,1988

2. The jump component of S&P 500 volatility and the VIX index;Becker;Journal of Banking & Finance,2009

3. Bank capital structure, regulatory capital, and securities innovations;Benston;Journal of Money, Credit, and Banking,2003

4. Market transparency, liquidity externalities, and institutional trading costs in corporate bonds;Bessembinder;Journal of Financial Economics,2006

5. Market discipline and subordinated debt: a review of some salient issues;Bliss;Economic Perspectives, Federal Reserve Bank of Chicago,2001

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