Sovereign Risk and Bank Risk-Taking /
I propose a dynamic general equilibrium model in which strategic interactions between banks and depositors may lead to endogenous bank fragility and slow recovery from crises. When banks' investment decisions are not contractible, depositors form expectations about bank risk-taking and demand a...
1. autor: | |
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Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2017.
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Seria: | IMF Working Papers; Working Paper ;
No. 2017/280 |
Dostęp online: | Full text available on IMF |