A Reconsideration of the Risk Sensitivity of U.S. Banking Organization Subordinated Debt Spreads: A Sample Selection Approach
20 Pages Posted: 23 Aug 2005
A paper presented at the October 2003 conference "Beyond Pillar 3 in International Banking Regulation: Disclosure and Market Discipline of Financial Firms," cosponsored by the Federal Reserve Bank of New York and the Jerome A. Chazen Institute of International Business at Columbia Business School.
Keywords: bank market discipline, subordinated debt
JEL Classification: G21, G12, G28
Suggested Citation: Suggested Citation