Bailouts and Systemic Insurance /
We revisit the link between bailouts and bank risk taking. The expectation of government support to failing banks creates moral hazard-increases bank risk taking. However, when a bank's success depends on both its effort and the overall stability of the banking system, a government's commi...
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| 格式: | 杂志 |
| 语言: | English |
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Washington, D.C. :
International Monetary Fund,
2013.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2013/233 |
| 在线阅读: | Full text available on IMF |