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...
Huvudupphovsman: | |
---|---|
Övriga upphovsmän: | , |
Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2006.
|
Serie: | IMF Working Papers; Working Paper ;
No. 2006/297 |
Länkar: | Full text available on IMF |