Bank Profitability and Risk-Taking /
Traditional theory suggests that more profitable banks should have lower risk-taking incentives. Then why did many profitable banks choose to invest in untested financial instruments before the crisis, realizing significant losses? We attempt to reconcile theory and evidence. In our setup, banks are...
| المؤلف الرئيسي: | |
|---|---|
| مؤلفون آخرون: | , |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 2015/249 |
| الوصول للمادة أونلاين: | Full text available on IMF |