Bailouts and Systemic Insurance /

We revisit the link between bailouts and bank risk taking. The expectation of government support to failing banks creates moral hazard-increases bank risk taking. However, when a bank's success depends on both its effort and the overall stability of the banking system, a government's commi...

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Xehetasun bibliografikoak
Egile nagusia: Dell'Ariccia, Giovanni
Beste egile batzuk: Ratnovski, Lev
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2013.
Saila:IMF Working Papers; Working Paper ; No. 2013/233
Sarrera elektronikoa:Full text available on IMF