The VAR at Risk
General Economics
2021-02-05 v1 Economics
Authors:
Alfred Galichon
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.
Cite
@article{arxiv.2102.02577,
title = {The VAR at Risk},
author = {Alfred Galichon},
journal= {arXiv preprint arXiv:2102.02577},
year = {2021}
}
Comments
4 Pages
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