Market discipline and financial safety net design /

Saved in:
Bibliographic Details
Author / Creator:Demirgüç-Kunt, Aslı, 1961-
Imprint:Washington, DC : World Bank, Development Research Group, Finance, [1999]
Description:44 p. ; 28 cm.
Language:English
Series:Policy research working paper ; 2183
Policy research working papers ; 2183.
Subject:
Format: E-Resource Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/3986046
Hidden Bibliographic Details
Other authors / contributors:Huizinga, Harry.
World Bank. Development Research Group. Finance.
Notes:"September 1999"--Cover.
Includes bibliographical references (p. 28-29).
Also available on the World Wide Web.
Summary:It is difficult to design and implement an effective safety net for banks, because overgenerous protection of banks may introduce a risk-enhancing moral hazard and destabilize the very system it is meant to protect. The safety net that policymakers design must provide the right mix of market and regulatyory discipline, enough to protect depositors without unduly undermining market discipline on banks.

Mansueto

Loading map link
Holdings details from Mansueto
Call Number: HG3879.P6 no.2183
c.1 To check availability consult the series record. Intellectual item Need help? - Ask a Librarian