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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Ratnovski, Lev
Outros autores: Huang, Rocco
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/170
Subjects:
Acceso en liña:Full text available on IMF