Bank Size and Systemic Risk /

The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this evolution can be explained by economies of scale or 'too big to fail' subsidies. The paper then presents evidence on the extent to which bank size and market-based activit...

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Dettagli Bibliografici
Autore principale: Laeven, Luc
Altri autori: Ratnovski, Lev, Tong, Hui
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2014.
Serie:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/004
Accesso online:Full text available on IMF
Descrizione
Riassunto:The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this evolution can be explained by economies of scale or 'too big to fail' subsidies. The paper then presents evidence on the extent to which bank size and market-based activities contribute to systemic risk. The paper concludes with policy messages in the area of capital regulation and activity restrictions to reduce the systemic risk posed by large banks. The analysis of the paper complements earlier Fund work, including SDN 13/04 and the recent GFSR chapter on 'too big to fail' subsidies, and its policy message is in line with this earlier work.
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Descrizione fisica:1 online resource (34 pages)
Natura:Mode of access: Internet
ISSN:2617-6750
Accesso:Electronic access restricted to authorized BRAC University faculty, staff and students