RDP 1999-09: Australian Banking Risk: The Stock Market's Assessment and the Relationship Between Capital and Asset Volatility
Equation (10)
V
T
=
{
(
1
−
φ
)
B
T
−
(
1
−
γ
)
A
T
if
B
T
>
(
1
−
γ
)
A
T
+
φ
B
T
0
if
B
T
≤
(
1
−
γ
)
A
T
+
φ
B
T
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOvamaaBa aaleaacaWGubaabeaakiabg2da9maaceaabaqbaeqGaiWaaaqaamaa bmaabaGaaGymaiabgkHiTiabeA8aQbGaayjkaiaawMcaaiaadkeada WgaaWcbaGaamivaaqabaGccqGHsisldaqadaqaaiaaigdacqGHsisl cqaHZoWzaiaawIcacaGLPaaacaWGbbWaaSbaaSqaaiaadsfaaeqaaa GcbaGaaOyAaiaakAgaaeaacaWGcbWaaSbaaSqaaiaadsfaaeqaaOGa eyOpa4ZaaeWaaeaacaaIXaGaeyOeI0Iaeq4SdCgacaGLOaGaayzkaa GaamyqamaaBaaaleaacaWGubaabeaakiabgUcaRiabeA8aQjaadkea daWgaaWcbaGaamivaaqabaaakeaacaaIWaaabaGaaOyAaiaakAgaae aacaWGcbWaaSbaaSqaaiaadsfaaeqaaOGaeyizIm6aaeWaaeaacaaI XaGaeyOeI0Iaeq4SdCgacaGLOaGaayzkaaGaamyqamaaBaaaleaaca WGubaabeaakiabgUcaRiabeA8aQjaadkeadaWgaaWcbaGaamivaaqa baaaaaGccaGL7baaaaa@6A25@