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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Hlavní autor: Levy Yeyati, Eduardo
Další autoři: Cordella, Tito
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1997.
Edice:IMF Working Papers; Working Paper ; No. 1997/096
On-line přístup:Full text available on IMF
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245 1 0 |a Public Disclosure and Bank Failures /  |c Eduardo Levy Yeyati, Tito Cordella. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1997. 
300 |a 1 online resource (25 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 portfolios, public disclosure reduces the probability of banking crises. However, when banks do not control their risk exposure, the presence of informed depositors may increase the probability of bank failures. 
538 |a Mode of access: Internet 
700 1 |a Cordella, Tito. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1997/096 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1997/096/001.1997.issue-096-en.xml  |z IMF e-Library