Banks without parachutes: Competitive effects of government bail-out policies
Tài liệu tham khảo
Acharya, 2003, Is the international convergence of capital adequacy regulation desirable?, Journal of Finance, 58, 2745, 10.1046/j.1540-6261.2003.00621.x
Allen, 2000
Allen, 2004, Competition and financial stability, Journal of Money, Credit and Banking, 36, 453, 10.1353/mcb.2004.0038
Bank for International Settlements, 2002. 72nd Annual Report, Basel.
Barth, 2001, Banking systems around the globe: do regulations and ownership affect performance and stability?, 31
Barth, 2004, Bank regulation and supervision: what works best?, Journal of Financial Intermediation, 13, 205, 10.1016/j.jfi.2003.06.002
Beck, 2006, Bank concentration, competition, and crises: first results, Journal of Banking and Finance, 30, 1581, 10.1016/j.jbankfin.2005.05.010
Boyd, J. H., De Nicolò, G., Jalal, A.A., 2006. Bank risk taking and competition revisited: new theory and new evidence, IMF Working Paper No. 06/297.
Boyd, 2005, The theory of bank risk taking and competition revisited, Journal of Finance, 60, 1329, 10.1111/j.1540-6261.2005.00763.x
Boyd, 1994, The role of large banks in the recent U.S. banking crisis, Federal Reserve Bank of Minneapolis Quarterly Review, 18, 2
Boyd, 1998, Consolidation in U.S. banking: implications for efficiency and risk
Canoy, M., van Dijk, M., Lemmen, J., de Mooij, R., Weigand, J., 2001. Competition and stability in banking, CPB Netherlands bureau for economic policy analysis, Document No. 015.
Caprio, G., Martinez Peria, M.S., 2000. Avoiding disaster: policies to reduce the risk of banking crises, Egyptian center for economic studies, Working Paper, No. 47
Carletti, 2003, Competition and stability: what’s special about banking?, 202
Chan, 1992, Is fairly priced deposit insurance possible?, Journal of Finance, 47, 227, 10.2307/2329096
Cordella, 2003, Bank bailouts: moral hazard vs. value effect, Journal of Financial Intermediation, 12, 300, 10.1016/S1042-9573(03)00046-9
De Nicoló, G., 2000. Size, charter value, and risk in banking: an international perspective, International Finance Discussion Paper, No. 689, Board of Governors of the Federal Reserve System, Washington.
De Nicoló, 2004, Bank consolidation, internationalization, and conglomeration: trends and implications for financial risk, Financial Markets, Institutions and Instruments, 13, 173, 10.1111/j.0963-8008.2004.00076.x
Demirgüç-Kunt, 2002, Does deposit insurance increase banking system stability? An empirical investigation, Journal of Monetary Economics, 49, 1373, 10.1016/S0304-3932(02)00171-X
Demirgüç-Kunt, 2004, Regulations, market structure, institutions, and the cost of financial intermediation, Journal of Money, Credit and Banking, 36, 593, 10.1353/mcb.2004.0045
Fukao, M., 2003. Financial sector profitability and double-gearing, In: Blomström, M., Corbett, J., Hayashi, F., Kashyap, A. (Eds.), Structural Impediments to Growth in Japan. National Bureau of Economic Research, NBER Conference Report Series. Chicago and London: The University of Chicago Press, 9-36.
Fukao, 2004, Weakening market and regulatory discipline in the japanese financial system, 119
Gropp, R., Hakenes, H., Schnabel, I., 2008. Competition, Risk-Shifting, and Public Bail-out Policies, SSRN.
Imai, 2006, Market discipline and deposit insurance reform in Japan, Journal of Banking and Finance, 30, 3433, 10.1016/j.jbankfin.2006.01.009
Jensen, 1976, Theory of the firm: managerial behavior, agency costs and ownership structure, Journal of Financial Economics, 3, 305, 10.1016/0304-405X(76)90026-X
Jiménez, G., Lopez, J.A., Saurina, J., 2007. How does competition impact bank risk taking? Federal Reserve Bank of San Francisco Working Paper 2007-23.
Kashyap, 2002, Sorting out Japan’s financial crisis, Federal Reserve Bank of Chicago Economic Perspectives, 26, 42
Keeley, 1990, Deposit insurance, risk and market power in banking, American Economic Review, 80, 1183
La Porta, 2002, Government ownership of banks, Journal of Finance, 57, 265, 10.1111/1540-6261.00422
Mailath, 1994, A positive analysis of bank closure, Journal of Financial Intermediation, 3, 272, 10.1006/jfin.1994.1007
Matutes, 1996, Competition for deposits, fragility, and insurance, Journal of Financial Intermediation, 5, 184, 10.1006/jfin.1996.0010
Matutes, 2000, Imperfect competition, risk taking and regulation in banking, European Economic Review, 44, 1, 10.1016/S0014-2921(98)00057-9
Merton, 1977, An analytical derivation of the cost of deposit insurance and loan guarantees, Journal of Banking and Finance, 1, 3, 10.1016/0378-4266(77)90015-2
O’Hara, 1990, Deposit insurance and wealth effects: the value of being ‘too big to fail’, Journal of Finance, 45, 1587, 10.2307/2328751
Schnabel, 1931, The german twin crisis of, Journal of Economic History, 64, 822, 10.1017/S0022050704002980
Schnabel, I., 2009. The role of liquidity and implicit guarantees in the German Twin crisis of 1931. Journal of International Money and Finance 28, 1-25.
Stiglitz, 1981, Credit rationing in markets with imperfect information, American Economic Review, 71, 393