The var at risk

Alfred Galichon (1)

1 X-DEP-ECO - Département d'Économie de l'École Polytechnique

I show that the structure of the firm is not neutral in respect to regulatory capital budgeted under rules which are based on the Value-at-Risk.

Mots clés: value-at-risk

Domaines: Economies et finances

Alfred Galichon. The var at risk. 2009. ⟨hal-00401793⟩