The Bank Capital Decision: A Time Series‐Cross Section Analysis

  • Author(s): ALAN J. MARCUS
  • Published: Apr 30, 2012
  • Pages: 1217-1232
  • DOI: 10.1111/j.1540-6261.1983.tb02292.x


This paper seeks to explain the dramatic decline in capital to asset ratios in U.S. commercial banks during the last two decades. It is hypothesized that the rise in nominal interest rates during this period might have contributed substantially to the fall in capital ratios. Time series‐cross section estimation supports the hypothesis regarding the interest rate.

Jump to menu

Main Navigation

Search the Site / Journal

Search Keywords

Members' Login


Members' Options

Site Footer

View Mobile Version