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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Carletti, Elena
Muut tekijät: Dell'Ariccia, Giovanni, Marquez, Robert
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2016.
Sarja:IMF Working Papers; Working Paper ; No. 2016/186
Linkit:Full text available on IMF