Public Disclosure and Bank Failures /

This paper examines how public disclosure of banks' risk exposure affects banks' risk-taking incentives and assesses how the presence of informed depositors influences the soundness of the banking system. It finds that, when banks have complete control over the volatility of their loan por...

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Bibliographic Details
Main Author: Levy Yeyati, Eduardo
Other Authors: Cordella, Tito
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/096
Online Access:Full text available on IMF