FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2050133173> ?p ?o ?g. }

• W2050133173 abstract "Bank regulation in most countries encompasses a lender of last resort, deposit insurance and supervision. These functions are interrelated and therefore require coordination among the authorities responsible for them. These authorities, however, are often established with different mandates, some of which are likely to be in conflict. We consider these issues by studying the optimal institutional allocation of such functions. We find that a single regulator will lead to insufficient bank monitoring and suboptimal bank investment in loans. It may also lead to too much forbearance. We consider alternative structures to deal with the problem of excess forbearance both in a full information setting and in settings with asymmetry of information between regulators. We show in the former setting that if it is feasible to prespecify the rates on lending of last resort, then it is useful to make this function the exclusive province of one regulator. By giving the deposit insurer the authority to close banks and by having last resort lending insured, one gives the deposit insurer strong incentives against forbearance. If it is not possible to pre-specify such rates, then a useful arrangement is to have both the central bank and the deposit insurer acting as lenders of last resort. In this structure it is important for the last resort lending to be uninsured in order to reduce temptation to overlend, although this somewhat increases the deposit insurer's temptation to forbear. The final section of the paper analyses asymmetry of information between regulators. We show that regulators may have an incentive not to share gathered information. Since some regulators find it easier to collect particular information, this result suggests that it is important to consider informational advantages in the allocation of bank regulation." @default.
• W2050133173 created "2016-06-24" @default.
• W2050133173 creator A5000266841 @default.
• W2050133173 creator A5003480592 @default.
• W2050133173 date "2001-01-01" @default.
• W2050133173 modified "2023-09-26" @default.
• W2050133173 title "Allocating Bank Regulatory Powers: Lender of Last Resort, Deposit Insurance and Supervision" @default.
• W2050133173 cites W2039251470 @default.
• W2050133173 cites W2416478649 @default.
• W2050133173 cites W2764106598 @default.
• W2050133173 cites W2799228497 @default.
• W2050133173 cites W2900686266 @default.
• W2050133173 cites W4205964039 @default.
• W2050133173 cites W4206388491 @default.
• W2050133173 cites W4206843710 @default.
• W2050133173 cites W4230570730 @default.
• W2050133173 cites W4230636083 @default.
• W2050133173 cites W4231428638 @default.
• W2050133173 cites W4231775725 @default.
• W2050133173 cites W4232103972 @default.
• W2050133173 cites W4232118741 @default.
• W2050133173 cites W4232295196 @default.
• W2050133173 cites W4232404324 @default.
• W2050133173 cites W4232716353 @default.
• W2050133173 cites W4233214999 @default.
• W2050133173 cites W4233243463 @default.
• W2050133173 cites W4234278741 @default.
• W2050133173 cites W4235129760 @default.
• W2050133173 cites W4235601756 @default.
• W2050133173 cites W4236885179 @default.
• W2050133173 cites W4238305120 @default.
• W2050133173 cites W4238639187 @default.
• W2050133173 cites W4239563645 @default.
• W2050133173 cites W4240287148 @default.
• W2050133173 cites W4241940779 @default.
• W2050133173 cites W4242817498 @default.
• W2050133173 cites W4243751474 @default.
• W2050133173 cites W4244051627 @default.
• W2050133173 cites W4244275278 @default.
• W2050133173 cites W4244500357 @default.
• W2050133173 cites W4245946830 @default.
• W2050133173 cites W4246377734 @default.
• W2050133173 cites W4247956107 @default.
• W2050133173 cites W4248703735 @default.
• W2050133173 cites W4250661659 @default.
• W2050133173 cites W4250885080 @default.
• W2050133173 cites W4251247059 @default.
• W2050133173 cites W4251323702 @default.
• W2050133173 cites W4252104989 @default.
• W2050133173 cites W4252424206 @default.
• W2050133173 cites W4255167505 @default.
• W2050133173 cites W4255886086 @default.
• W2050133173 doi "https://doi.org/10.2139/ssrn.260589" @default.
• W2050133173 hasPublicationYear "2001" @default.
• W2050133173 type Work @default.
• W2050133173 sameAs 2050133173 @default.
• W2050133173 citedByCount "52" @default.
• W2050133173 countsByYear W20501331732012 @default.
• W2050133173 countsByYear W20501331732013 @default.
• W2050133173 countsByYear W20501331732014 @default.
• W2050133173 countsByYear W20501331732015 @default.
• W2050133173 countsByYear W20501331732016 @default.
• W2050133173 countsByYear W20501331732017 @default.
• W2050133173 countsByYear W20501331732019 @default.
• W2050133173 countsByYear W20501331732020 @default.
• W2050133173 countsByYear W20501331732023 @default.
• W2050133173 crossrefType "journal-article" @default.
• W2050133173 hasAuthorship W2050133173A5000266841 @default.
• W2050133173 hasAuthorship W2050133173A5003480592 @default.
• W2050133173 hasConcept C10138342 @default.
• W2050133173 hasConcept C126285488 @default.
• W2050133173 hasConcept C144133560 @default.
• W2050133173 hasConcept C162118730 @default.
• W2050133173 hasConcept C162324750 @default.
• W2050133173 hasConcept C2777817046 @default.
• W2050133173 hasConcept C2779465119 @default.
• W2050133173 hasConcept C2992735868 @default.
• W2050133173 hasConcept C556758197 @default.
• W2050133173 hasConcept C73283319 @default.
• W2050133173 hasConceptScore W2050133173C10138342 @default.
• W2050133173 hasConceptScore W2050133173C126285488 @default.
• W2050133173 hasConceptScore W2050133173C144133560 @default.
• W2050133173 hasConceptScore W2050133173C162118730 @default.
• W2050133173 hasConceptScore W2050133173C162324750 @default.
• W2050133173 hasConceptScore W2050133173C2777817046 @default.
• W2050133173 hasConceptScore W2050133173C2779465119 @default.
• W2050133173 hasConceptScore W2050133173C2992735868 @default.
• W2050133173 hasConceptScore W2050133173C556758197 @default.
• W2050133173 hasConceptScore W2050133173C73283319 @default.
• W2050133173 hasLocation W20501331731 @default.
• W2050133173 hasOpenAccess W2050133173 @default.
• W2050133173 hasPrimaryLocation W20501331731 @default.
• W2050133173 hasRelatedWork W1003747559 @default.
• W2050133173 hasRelatedWork W2798897914 @default.
• W2050133173 hasRelatedWork W3121361618 @default.
• W2050133173 hasRelatedWork W3125441058 @default.
• W2050133173 hasRelatedWork W3125934326 @default.
• W2050133173 hasRelatedWork W3126004387 @default.
• W2050133173 hasRelatedWork W3209924354 @default.
• W2050133173 hasRelatedWork W4383070451 @default.

• next