Faculty News

In an op-ed, Prof. Viral Acharya discusses his research on eurozone banks' capital shortfall

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Excerpt from Vox -- "Calculations that we have recently completed suggest that the divergence between our numbers and those of the ECB can be explained by the continued reliance on static risk-weights in the regulatory assessment. In fact, using the projected losses in the adverse scenario employed by the ECB and applying a different (non risk-weights based, i.e. simple) leverage ratio gives results much closer to ours."

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