Regulating financial conglomerates

Regulating financial conglomerates

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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....

書誌詳細
主要な著者:	Morrison, A, Freixas, X, Loranth, G
フォーマット:	Working paper
出版事項:	University of Oxford 2005

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