view on bail-in: as government guarantees are abolished, investment would be discouraged and hence social welfare decreases …-developed financial systems, financial constraints are strong and the related problem of insufficient investment could be exacerbated as … problem of excessive investment could be mitigated after the abolition.Korean Abstract: 채권자 베일인은 은행이 실패했을 때 납세자가 아닌 채권자의 손실분담을 …