Bank Risk-Taking and Competition Revisited : New Theory and New Evidence /

This paper studies two new models in which banks face a non-trivial asset allocation decision. The first model (CVH) predicts a negative relationship between banks' risk of failure and concentration, indicating a trade-off between competition and stability. The second model (BDN) predicts a pos...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: De Nicolo, Gianni
Rannpháirtithe: Boyd, John, Jalal, Abu M.
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2006.
Sraith:IMF Working Papers; Working Paper ; No. 2006/297
Rochtain ar líne:Full text available on IMF