International Evidence on Government Support and Risk Taking in the Banking Sector is popular PDF and ePub book, written by Mr.Luis Brandão Brandao Marques in 2013-05-02, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, International Evidence on Government Support and Risk Taking in the Banking Sector can be Read Online from any device for your convenience.
International Evidence on Government Support and Risk Taking in the Banking Sector Book PDF Summary
Government support to banks through the provision of explicit or implicit guarantees affects the willingness of banks to take on risk by reducing market discipline or by increasing charter value. We use an international sample of bank data and government support to banks for the periods 2003-2004 and 2009-2010. We find that more government support is associated with more risk taking by banks, especially during the financial crisis (2009-10). We also find that restricting banks' range of activities ameliorates the moral hazard problem. We conclude that strengthening market discipline in the banking sector is needed to address this moral hazard problem.
Detail Book of International Evidence on Government Support and Risk Taking in the Banking Sector PDF
- Author : Mr.Luis Brandão Brandao Marques
- Release : 02 May 2013
- Publisher : International Monetary Fund
- ISBN : 9781484379134
- Genre : Business & Economics
- Total Page : 36 pages
- Language : English
- PDF File Size : 16,5 Mb
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