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  • 标题:Bank Cost of Capital and International Competition
  • 本地全文:下载
  • 作者:Steven A. Zimmer ; Robert N. McCauley
  • 期刊名称:Federal Reserve Bank of New York - Quarterly Review
  • 印刷版ISSN:0147-6580
  • 出版年度:1990
  • 卷号:15
  • 期号:3-4
  • 出版社:Federal Reserve Bank of New York
  • 摘要:The rising share of U.S. corporate loans booked by foreign-owned banks and the withdrawal of U.S. banks from foreign lending raise concerns about the competitiveness of U.S. banks. This article investigates how differential capital costs may have placed U.S. banks at a disadvantage relative to their foreign competitors. The authors compare the capital costs facing commercial banks in the United States and five other industrial countries and present explanations for the observed differences
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