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...
Tác giả chính: | |
---|---|
Tác giả khác: | |
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2013.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2013/233 |
Truy cập trực tuyến: | Full text available on IMF |