Faculty News
In an op-ed, Prof. Viral Acharya discusses European banks' capital shortfalls
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![VoxEU logo VoxEU logo](/sites/default/files/styles/480w/public/assets/images/con_030499.jpg?itok=rcifIOxu)
Excerpt from VoxEU -- "A comprehensive and decisive AQR will most likely reveal a substantial lack of capital in many peripheral and core European banks. This study provides estimates of the capital shortfalls of banks that will be stress-tested under the AQR using publicly available data and a series of shortfall measures."
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