Econtalk Archives, 2012
Calomiris on Capital Requirements, Leverage, and Financial Regulation
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 1:27:17
- Mas informaciones
Informações:
Sinopsis
Charles Calomiris of Columbia University talks with EconTalk host Russ Roberts about corporate debt, capital requirements, and financial regulation. This is an in-depth conversation about how debt works on a firm's balance sheet and the risks that debt vs. equity pose for the survival of the firm. Calomiris applies these insights to financial regulation--how it works in practice and the firm's choices in responding to various interventions including bailouts and capital requirements. The conversation closes with a discussion of some of the government interventions in the financial crisis.