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The underinvestment hypothesis and off-balance sheet direct credit substitutes

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  • Sharpe, Ian G.
  • Tuzun, Tayfun

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  • Sharpe, Ian G. & Tuzun, Tayfun, 1997. "The underinvestment hypothesis and off-balance sheet direct credit substitutes," Pacific-Basin Finance Journal, Elsevier, vol. 5(3), pages 325-344, July.
    • Handle: RePEc:eee:pacfin:v:5:y:1997:i:3:p:325-344
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    References listed on IDEAS

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    1. W.P. Hogan & Ian G. Sharpe, 1990. "Prudential Supervision of Australian Banks," The Economic Record, The Economic Society of Australia, vol. 66(2), pages 127-145, June.
    2. James, Christopher, 1988. "The use of loan sales and standby letters of credit by commercial banks," Journal of Monetary Economics, Elsevier, vol. 22(3), pages 395-422.
    3. repec:bla:ecorec:v:66:y:1990:i:193:p:127-45 is not listed on IDEAS
    4. Christopher M. James, 1987. "Off-balance sheet banking," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue sep18.
    5. Warren P. Hogan & Ian G. Sharpe, 1990. "Risk-Based Capital Adequacy of Australian Banks," Australian Journal of Management, Australian School of Business, vol. 15(1), pages 177-201, June.
    6. Brewer, Elijah III & Koppenhaver, G. D., 1992. "The impact of standby letters of credit on bank risk: A note," Journal of Banking & Finance, Elsevier, vol. 16(6), pages 1037-1046, December.
    7. Robert B. Avery & Allen N. Berger, 1988. "Risk-based capital and off-balance sheet activities," Finance and Economics Discussion Series 35, Board of Governors of the Federal Reserve System (U.S.).
    8. Marianne Gizycki & Mark Levonian, 1993. "A Decade of Australian Banking Risk: Evidence from Share Prices," RBA Research Discussion Papers rdp9302, Reserve Bank of Australia.
    9. Unknown, 1986. "Letters," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 1(4), pages 1-9.
    10. Myers, Stewart C., 1977. "Determinants of corporate borrowing," Journal of Financial Economics, Elsevier, vol. 5(2), pages 147-175, November.
    11. repec:bla:jfinan:v:43:y:1988:i:2:p:375-96 is not listed on IDEAS
    12. Keeley, Michael C, 1990. "Deposit Insurance, Risk, and Market Power in Banking," American Economic Review, American Economic Association, vol. 80(5), pages 1183-1200, December.
    13. Cook, Douglas O & Spellman, Lewis J, 1994. "Repudiation Risk and Restitution Costs: Toward Understanding Premiums on Insured Deposits," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 26(3), pages 439-459, August.
    14. Lawrence M. Benveniste & Allen N. Berger, 1986. "An empirical analysis of standby letters of credit," Research Papers in Banking and Financial Economics 85, Board of Governors of the Federal Reserve System (U.S.).
    15. Warren P. Hogan & Ian G. Sharpe, 1988. "Supervision Of Bank Exit: A Note," Economic Papers, The Economic Society of Australia, vol. 7(2), pages 71-77, June.
    16. Christine A. Pavel & David Phillis, 1987. "Why commercial banks sell loans: an empirical analysis," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 11(May), pages 3-14.
    17. Stulz, ReneM. & Johnson, Herb, 1985. "An analysis of secured debt," Journal of Financial Economics, Elsevier, vol. 14(4), pages 501-521, December.
    18. Hannan, Timothy H & Hanweck, Gerald A, 1988. "Bank Insolvency Risk and the Market for Large Certificates of Deposit," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 20(2), pages 203-211, May.
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