Regulating financial conglomerates

We investigate the optimal regulation of financial conglomerates which combine a bank and a non-bank financial institution. The conglomerate's risk-taking incentives depend upon the level of market discipline it faces, which in turn is determined by the conglomerate's liability structure....

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awduron: Morrison, A, Freixas, X, Loranth, G
Fformat: Working paper
Cyhoeddwyd: University of Oxford 2005

Eitemau Tebyg