Showing 1 - 2 of 2
While the main conceptual issue related to deposit insurances is the moral hazard risk, the main technical issue is inaccurate calibration of the implied volatility. This issue can raise the risk of generating an arbitrage. In this paper, first, we discuss that by imposing the no-moral-hazard...
Persistent link: https://www.econbiz.de/10013200463
, the information they provide should be submitted to verification by an external, independent body. Our study, carried out … auditing is the low demand for such a service, which arises from the fact that verification and assurance of non-financial data …
Persistent link: https://www.econbiz.de/10013200840