Time: 1.00 - 2.00pm Venue: Room 3.21, Old Building
Speaker: Anat Admati (Stanford Graduate School of Business)
Seminar Title: Leverage Dynamics, Agency Cost of Debt, and Capital Regulation
Download papers:
Anat R. Admati, The Missed Opportunity and Challenge of Capital Regulation, National Institute Economic Review No. 235 February 2016.
Anat R. Admati, Peter M. DeMarzo, Martin F. Hellwig and Paul Pfleiderer, The Leverage Ratchet Effect (December 31, 2015).
