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...
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | , |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2016.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2016/186 |
| Online Zugang: | Full text available on IMF |