| Series |
NBER working paper series ; working paper 11037
Working paper series (National Bureau of Economic Research : Online) ; working paper no. 11037. UNAUTHORIZED
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| Summary |
"This paper provides an empirical analysis of the risk of trading revenues of U.S. commercial banks. We collect quarterly data on trading revenues, broken down by business line, as well as the Value at Risk-based market risk charge. The overall picture from these preliminary results is that there is a fair amount of diversification across banks and within banks across business lines. These low correlations do not corroborate systemic risk concerns. Neither is there evidence that the post-1998 period has witnessed an increase in volatility of trading revenues"--National Bureau of Economic Research web site. |
| General note | Title from PDF file as viewed on 2/8/2005. |
| Bibliography note | Includes bibliographical references. |
| Access restriction | Available only to authorized users. |
| Other forms | Also available in print. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| LCCN | 2005616621 |
