Excessive Lending, Leverage, and Risk-Taking in the Presence of Bailout Expectations /

The financial crisis that began in 2007 has brought to the fore the issues of excesses in lending, leverage, and risk-taking as some of the fundamental causes of this crisis. At the same time, in dealing with the financial crisis there have been large scale interventions by governments, often referr...

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Bibliographic Details
Main Author: Georgiou, Andreas
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/233
Online Access:Full text available on IMF