SUERF Study 2011/4 analyses divergence of risk indicators and the conditions for market discipline.
TOC:
1. Introduction
2. Market discipline and bank risk – concepts, results, and methodological problems.
3. Method and hypotheses.
4. Estimation and data
5. Results.
6. Conclusions
References
Appendix A. Derivation of an expression for var(w)
Appendix B. Technical note on the estimation procedure
Appendix C. Additional data tables
Appendix D