How is the likelihood of fire sales in a crisis affected by the interaction of various bank regulations? /
We present a model that describes how different types of bank regulation can interact to affect the likelihood of fire sales in a crisis. In our model, risk shifting motives drive how banks recapitalize following a negative shock, leading banks to concentrate their portfolios. Regulation affects the...
Clasificación: | Libro Electrónico |
---|---|
Autores principales: | , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Colección: | IMF working paper ;
WP/17/68. |
Temas: | |
Acceso en línea: | Texto completo |