Are the Loan Loss and Fair Value Components of Bank Income Rationally Priced?
This paper examines if the market rationally prices the loan loss provisions, and the fair value gains and losses of US banks. We also model the discretionary components of loan loss provisions and fair value gains and losses, and test if the discretionary components are priced differently from thei...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2013
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/949 https://ink.library.smu.edu.sg/context/soa_research/article/1948/viewcontent/Loan_Loss_and_Fair_Value_Components_of_Bank_Income.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
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