Bank Risk-Taking and Competition Revisited /
This study reinvestigates the theoretical relationship between competition in banking and banks' exposure to risk of failure. There is a large existing literature that concludes that when banks are confronted with increased competition, they rationally choose more risky portfolios. We briefly r...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2003.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2003/114 |
| On-line přístup: | Full text available on IMF |