EIB Papers Volume 02. n°1/1997

Special issue: Banking in an uncertain world

• Preface by Massimo Ponzelli, Vice-President
• The too-big-to-fail doctrine revisited (Edward Gardener and Philip Molyneux)
  
• High real interest rates: A long-term risk? (Agnès Belaisch)
• Expected loss as credit risk measure (Pier-Luigi Gilibert)
• The capital structure of private infrastructure projects and the risk of défault (Jacques Girard and Christopher Hurst)
• Value-at-risk and capital adequacy: The challenge for financial regulation (Kristian Kjeldsen)