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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: De Nicolo, Gianni
Weitere Verfasser: Boyd, John
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2003/114
Online Zugang:Full text available on IMF