Blar i NTNU Open på forfatter "Solbakk, Fredrik"
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Optimal Capital Structure in Depository Financial Institutions - A Dynamic Programming Approach
Sandbu, Andreas Davies; Braathen, Christian; Solbakk, Fredrik (Master thesis, 2015)We formulate a stochastic optimal control problem for the capital structure of depository financial institutions (DFIs), where the market value of equity is maximized in a dividend discount framework. The key objective is ...