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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Detalles Bibliográficos
Autor principal: Dell'Ariccia, Giovanni
Otros Autores: Ratnovski, Lev
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Colección:IMF Working Papers; Working Paper ; No. 2013/233
Acceso en línea:Full text available on IMF