The Economics of Bank Restructuring : Understanding the Options /

Based on a simple framework, this note clarifies the economics behind bank restructuring and evaluates various restructuring options for systemically important banks. The note assumes that the government aims to reduce the probability of a bank's default and keep the burden on taxpayers at a mi...

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Bibliografske podrobnosti
Glavni avtor: Landier, Augustin
Drugi avtorji: Ueda, Kenichi
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2009.
Serija:IMF Staff Position Notes; Staff Position Note ; No. 2009/012
Online dostop:Full text available on IMF
Opis
Izvleček:Based on a simple framework, this note clarifies the economics behind bank restructuring and evaluates various restructuring options for systemically important banks. The note assumes that the government aims to reduce the probability of a bank's default and keep the burden on taxpayers at a minimum. The note also acknowledges that the design of any restructuring needs to take into consideration the payoffs and incentives for the various key stakeholders (i.e., shareholders, debt holders, and government).
Opis knjige/članka:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Fizični opis:1 online resource (39 pages)
Format:Mode of access: Internet
ISSN:2617-6742
Dostop:Electronic access restricted to authorized BRAC University faculty, staff and students