Finance and Economics Discussion Series: Interest Rate Risk and Bank Equity Valuations by William B. English

Finance and Economics Discussion Series: Interest Rate Risk and Bank Equity Valuations

William B. English

50 pages paperback

36 editions

nonfiction politics
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Because they engage in maturity transformation, a steepening of the yield curve should, all else equal, boost bank profitability. We re-examine this conventional wisdom by estimating the reaction of bank intraday stock returns to exogenous fluctua...

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