The Dark Side of Bank Wholesale Funding /

Banks increasingly use short-term wholesale funds to supplement traditional retail deposits. Existing literature mainly points to the "bright side" of wholesale funding: sophisticated financiers can monitor banks, disciplining bad but refinancing good ones. This paper models a "dark s...

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Hlavní autor: Ratnovski, Lev
Další autoři: Huang, Rocco
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2010.
Edice:IMF Working Papers; Working Paper ; No. 2010/170
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On-line přístup:Full text available on IMF