| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w9322 |
| 来源ID | Working Paper 9322 |
| How Country and Safety-Net Characteristics Affect Bank Risk-Shifting | |
| Armen Hovakimian; Edward J. Kane; Luc Laeven | |
| 发表日期 | 2002-11-11 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | Risk-shifting occurs when creditors or guarantors are exposed to loss without receiving adequate compensation. This paper seeks to measure and compare how well authorities in 56 countries controlled bank risk shifting during the 1990s. Although significant risk shifting occurs on average, substantial variation exists in the effectiveness of risk control across countries. We find that the tendency for explicit deposit insurance to exacerbate risk shifting is tempered by incorporating loss-control features such as risk-sensitive premiums, coverage limits, and coinsurance. Introducing explicit deposit insurance has had adverse effects in environments that are low in political and economic freedom and high in corruption. |
| 主题 | Financial Economics ; Financial Institutions |
| URL | https://www.nber.org/papers/w9322 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566938 |
| 推荐引用方式 GB/T 7714 | Armen Hovakimian,Edward J. Kane,Luc Laeven. How Country and Safety-Net Characteristics Affect Bank Risk-Shifting. 2002. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w9322.pdf（391KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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