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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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2003.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2003/114 |
Acesso em linha: | Full text available on IMF |