Winning Connections? : Special Interests and the Sale of Failed Banks /

We study how lobbying affects the resolution of failed banks, using a sample of FDIC auctions between 2007 and 2014. We show that bidding banks that lobby regulators have a higher probability of winning an auction. In addition, the FDIC incurs higher costs in such auctions, amounting to 16.4 percent...

詳細記述

書誌詳細
第一著者: Igan, Deniz
その他の著者: Lambert, Thomas, Wagner, Wolf, Zhang, Quxian
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2017.
シリーズ:IMF Working Papers; Working Paper ; No. 2017/262
オンライン・アクセス:Full text available on IMF