Showing 1 - 10 of 173
a bailout either if the bank is small in the economy or if the bank is large and the ex ante stability level of the bank …In a global game, I show that creditor bailins, when well-designed, can attain the exact same level of bank stability …
Persistent link: https://www.econbiz.de/10014480213
Persistent link: https://www.econbiz.de/10014529586
Persistent link: https://www.econbiz.de/10012197854
Persistent link: https://www.econbiz.de/10012206774
Persistent link: https://www.econbiz.de/10012613276
Bank bailouts are not the "one-shot" events commonly described in the literature. These bailouts are instead dynamic …
Persistent link: https://www.econbiz.de/10012224131
Persistent link: https://www.econbiz.de/10013270365
Persistent link: https://www.econbiz.de/10014485767
Following the 2008 financial crisis, regulation mandates the clearing of the CDS market through Central Clearing Counter-parties (CCPs). Large CCPs are now designated as 'Global Systemically Important Institutions' (GSIIs), whose unlikely-but-plausible failure threatens global financial market...
Persistent link: https://www.econbiz.de/10012419635
. This work investigates the potential failure of a CCP initiated by the default of a large dealer bank and the unwinding of …
Persistent link: https://www.econbiz.de/10011870658