RDP 9302: A Decade of Australian Banking Risk: Evidence from Share Prices
Equation (12)
σ
E
=
(
1
−
γ
)
A
N
(
x
)
σ
A
T
+
θ
B
N
′
(
x
−
σ
A
T
)
+
γ
A
σ
A
T
E
T
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeq4Wdm3aaS baaSqaaiaadweaaeqaaOGaeyypa0ZaaSaaaeaadaqadaqaaiaadgda cqGHsislcqaHZoWzaiaawIcacaGLPaaacaWGbbGaamOtamaabmaaba GaamiEaaGaayjkaiaawMcaaiabeo8aZnaaBaaaleaacaWGbbaabeaa kmaakaaabaGaamivaaWcbeaakiabgUcaRiabeI7aXjaadkeaceWGob GbauaadaqadaqaaiaadIhacqGHsislcqaHdpWCdaWgaaWcbaGaamyq aaqabaGcdaGcaaqaaiaadsfaaSqabaaakiaawIcacaGLPaaacqGHRa WkcqaHZoWzcaWGbbGaeq4Wdm3aaSbaaSqaaiaadgeaaeqaaOWaaOaa aeaacaWGubaaleqaaaGcbaGaamyramaakaaabaGaamivaaWcbeaaaa aaaa@5AB6@