2. How Banks Played the Leverage Game

  1. Viral V. Acharya and
  2. Matthew Richardson
  1. Viral V. Acharya and
  2. Philipp Schnabl

Published Online: 9 JAN 2012

DOI: 10.1002/9781118258163.ch2

Restoring Financial Stability: How to Repair a Failed System

Restoring Financial Stability: How to Repair a Failed System

How to Cite

Acharya, V. V. and Richardson, M. (2009) How Banks Played the Leverage Game, in Restoring Financial Stability: How to Repair a Failed System, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118258163.ch2

Publication History

  1. Published Online: 9 JAN 2012
  2. Published Print: 9 MAR 2009

ISBN Information

Print ISBN: 9780470499344

Online ISBN: 9781118258163

SEARCH

Keywords:

  • asset-backed commercial paper;
  • regulatory arbitrage;
  • bank balance sheets;
  • liquidity enhancement;
  • bank regulation

Summary

This chapter contains sections titled:

  • Credit Risk Transfer and Bank Leverage

  • Asset-Backed Commercial Paper Conduits

  • Bank Balance Sheets and Risk-Weighted Assets

  • Ways to Counter Regulatory Arbitrage and Aggregate Risk Shifting

  • Notes