Article ID Journal Published Year Pages File Type
10488000 Journal of Financial Stability 2013 16 Pages PDF
Abstract
► Repeated game model of resolving failed banks. ► Regulators constrained by scarce technology and political/economic pressure. ► Results predict actual policy during financial crisis. ► If resolution technology is not improved, future bank bailouts are inevitable.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics, Econometrics and Finance (General)
Preview
A theory of failed bank resolution: Technological change and political economics
Authors
, , ,