Bank Capitalization As a Signal /

The level of a bank's capitalization can effectively transmit information about its riskiness and therefore support market discipline, but asymmetry information may induce exaggerated or distortionary behavior: banks may vie with one another to signal confidence in their prospects by keeping ca...

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Бібліографічні деталі
Автор: Hardy, Daniel
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2012.
Серія:IMF Working Papers; Working Paper ; No. 2012/114
Онлайн доступ:Full text available on IMF