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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Kirti, Divya (Autor), Narasiman, Vijay (Autor)
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