Supervisory Incentives in a Banking Union /
We explore the behavior of supervisors when a centralized agency has full power over all decisions regarding banks, but relies on local supervisors to collect the information necessary to act. This institutional design entails a principal-agent problem between the central and local supervisors if th...
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| Další autoři: | , |
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2016.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2016/186 |
| On-line přístup: | Full text available on IMF |