Faithin Omaha eBook Collection

Recent debate about the pro-cyclical effects of bank capital requirements, has ignored the important role that bank loan loss provisions play in the overall fra

Ratings, Rating Agencies and the Global Financial System brings together the research of economists at New York University and the University of Maryland, along

The general recognition that bank capital should provide a buffer for unexpected losses assumes that expected losses are considered in setting loan loss provisi

This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks' balance sheets overvalue real estate-related assets co