Scholars@Duke
S. Viswanathan

S. Viswanathan

F.M. Kirby Distinguished Professor of Investment Banking in Fuqua School of Business
Fuqua School of Business
viswanat@duke.edu
Box 90120, Durham, NC 27708-0120
A441 Fuqua Sch of Bus, Durham, NC 27708

Scholarly Works - Scholarly editions

Financial Intermediary Capital

Scholarly edition · January 1, 2019 We propose a dynamic theory of financial intermediaries that are better able to collateralize claims than households, that is, have a collateralization advantage. Intermediaries require capital as they have to finance the additional amount that they can le ... Full text Cite