Regulatory Capital Charges for Too-Connected-to-Fail Institutions : A Practical Proposal /
The recent financial crisis has highlighted once more that interconnectedness in the financial system is a major source of systemic risk. I suggest a practical way to levy regulatory capital charges based on the degree of interconnectedness among financial institutions. Namely, the charges are based...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2010.
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Series: | IMF Working Papers; Working Paper ;
No. 2010/098 |
Online Access: | Full text available on IMF |