Oxford Events, the new replacement for OxTalks, will launch on 16th March. From now until the launch of Oxford Events, new events cannot be published or edited on OxTalks while all existing records are migrated to the new platform. The existing OxTalks site will remain available to view during this period.
From 16th, Oxford Events will launch on a new website: events.ox.ac.uk, and event submissions will resume. You will need a Halo login to submit events. Full details are available on the Staff Gateway.
Standard analyses of optimal bank capital requirements used by policy makers effectively assume risk neutrality despite risk aversion being fundamental to the problem that they address. Moreover, by reducing the probability and severity of financial crises, greater bank capital affects stochastic discount factors and hence investment incentives. We show in a simple model how this effect is typically positive because investment incentives are usually stronger when crisis risk is reduced.