Mälkönen, Ville; Niinimäki, J.-P. - In: Journal of Financial Stability 8 (2012) 2, pp. 84-95
This paper examines blanket guarantee, deposit insurance and restructuring decisions with respect to a multinational bank (MNB) using Nash bargaining when the threat of a bank panic motivates countries to make decisions quickly. Failure of the bank would unevenly distribute externalities across...