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Deposit insurance and reinsurance
Britz, Volker; Gersbach, Hans; Haller, Hans - In: Annals of finance 17 (2021) 4, pp. 425-470
Persistent link: https://www.econbiz.de/10012664134
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Contingent contracts in banking : insurance or risk magnification?
Gersbach, Hans - 2018 - This version: November 2018
generations, even if the underlying productivity risk is small or zero. We conclude that a joint policy package of orderly default …
Persistent link: https://www.econbiz.de/10011932411
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Why bank money creation?
Gersbach, Hans; Zelzner, Sebastian - 2022 - This version: April 20, 2022
outweigh losses from banks which are less diligent in monitoring. Bank-risk assessments, combined with appropriate …
Persistent link: https://www.econbiz.de/10013187924
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On the coexistence of banks and markets
Gersbach, Hans (contributor); Uhlig, Harald (contributor) - 2006
We examine the coexistence of banks and financial markets, studying a credit market where the qualities of investment projects are not observable and the investment decisions of entrepreneurs are not contractible. Standard banks can alleviate moral-hazard problems by securing a portion of a...
Persistent link: https://www.econbiz.de/10003375777
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Banking-on-the-average rules
Gersbach, Hans; Hahn, Volker - 2009 - This version: March 2009
In this paper, we argue for a regulatory framework under which a bank’s required level of equity capital depends on the equity capital of its peers. Such bankingon- the-average rules are transparent and could also be combined with the current regulatory framework. In addition, we argue that...
Persistent link: https://www.econbiz.de/10008732399
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Capital regulation and credit fluctuations
Gersbach, Hans; Rochet, Jean-Charles - In: Macroprudentialism, (pp. 89-95). 2014
Persistent link: https://www.econbiz.de/10011507360
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Deposit insurance in general equilibrium
Britz, Volker; Gersbach, Hans; Haller, Hans - 2016 - This version: September 2016
Persistent link: https://www.econbiz.de/10011542147
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Leverage constraints and bank monitoring: bank regulation versus monetary policy
Böser, Florian; Gersbach, Hans - 2021 - This version: June 30, 2021
Bank leverage constraints can emerge from regulatory capital requirements as well as from central bank collateral requirements in reserve lending facilities. While these two channels are usually examined separately, we are able to compare them with the help of a bank money creation model in...
Persistent link: https://www.econbiz.de/10012585515
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Risk Sharing Capacity : Markets versus Households
Gersbach, Hans - 2014
-space approach of Arrow-Debreu. A host of new interesting economic issues emerge. First, risk averse agents can attempt to insure … an open question. Second, one may ask more specifically what is the role of social groups for risk sharing and risk … allocation when agents face idiosyncratic or aggregate risk. Third, does a suitable combination of social group formation and …
Persistent link: https://www.econbiz.de/10013061191
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Rules vs. Targets : Climate Treaties Under Uncertainty
Gersbach, Hans; Oberpriller, Quirin - 2012
We demonstrate the advantages of a climate treaty based solely on rules for international permit markets when there is uncertainty about abatement costs and environmental damages. Such a ‘Rules Treaty’ comprises a scaling factor and a refunding rule. Each signatory can freely choose the...
Persistent link: https://www.econbiz.de/10014041072