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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Bibliografische gegevens
Hoofdauteur: De Nicolo, Gianni
Andere auteurs: Boyd, John
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2003.
Reeks:IMF Working Papers; Working Paper ; No. 2003/114
Online toegang:Full text available on IMF