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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Dell'Ariccia, Giovanni
Rannpháirtithe: Ratnovski, Lev
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/233
Rochtain ar líne:Full text available on IMF