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The VAR at Risk

Authors :
Galichon, Alfred
Source :
International Journal of Theoretical and Applied Finance 13-4 (2010) pp. 503-506
Publication Year :
2021

Abstract

I show that the structure of the firm is not neutral in respect to regulatory capital budgeted under rules which are based on the Value-at-Risk.<br />Comment: 4 Pages

Subjects

Subjects :
Economics - General Economics

Details

Database :
arXiv
Journal :
International Journal of Theoretical and Applied Finance 13-4 (2010) pp. 503-506
Publication Type :
Report
Accession number :
edsarx.2102.02577
Document Type :
Working Paper
Full Text :
https://doi.org/10.1142/S0219024910005875