Showing 1 - 10 of 178
Persistent link: https://www.econbiz.de/10001408274
Persistent link: https://www.econbiz.de/10010434176
Persistent link: https://www.econbiz.de/10001935967
shock size above which sparser networks perform better is decreased; with sparser networks, a bail-in strategy is more …
Persistent link: https://www.econbiz.de/10012453964
This paper endogenizes intervention in financial crises as the strategic negotiation between a regulator and creditors of distressed banks. Incentives for banks to contribute to a voluntary bail-in arise from their exposure to financial contagion. In equilibrium, a bail-in is possible only if...
Persistent link: https://www.econbiz.de/10012948447
Persistent link: https://www.econbiz.de/10011738639
This paper endogenizes intervention in financial crises as the strategic negotiation between a regulator and creditors of distressed banks. Incentives for banks to contribute to a voluntary bail-in arise from their exposure to credit and price-mediated contagion. In equilibrium, a bail-in is...
Persistent link: https://www.econbiz.de/10012902029
Persistent link: https://www.econbiz.de/10000626659
Persistent link: https://www.econbiz.de/10001301554