Year: 2010
Type: paratext
Abstract: This paper examines bank capital decisions in the UK in the late nineteenth and early twentieth centuries and finds that when banks were completely free to choose, they held large amounts of capital but were unwilling to issue capital on a regular basis, with the net result being that capital adequacy of UK banks slowly, but surely, declined.Nevertheless, we find that this behaviour did not result in substantially higher bankruptcy risk.
Source: The Economic History Review
Authors: The, is the quarterly publication of, . Publishing reviews of books, periodicals and information technology, will keep anyone interested in economic and social history abreast of current developments in the subject. It aims at broad coverage of themes of economic and social change, including the intellectual, political and cultural implications of these changes.
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4242115967