Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124865252> ?p ?o ?g. }
Showing items 1 to 58 of
58
with 100 items per page.
- W3124865252 abstract "We examine financial intermediation when banks can offer deposit or loan contracts contingent on macroeconomic shocks. We show that the risk allocation is efficient provided there is no workout of banking crises. In this case, banks will shift part of the risk to depositors. In contrast, under a workout of banking crises, depositors receive non-contingent contracts with high interest rates while entrepreneurs obtain loan contracts that demand a high repayment in good times and little in bad times. As a result, the present generation overinvests and banks create large macroeconomic risks for future generations, even if the underlying risk is small or zero." @default.
- W3124865252 created "2021-02-01" @default.
- W3124865252 creator A5029496610 @default.
- W3124865252 date "2004-11-01" @default.
- W3124865252 modified "2023-09-27" @default.
- W3124865252 title "Financial Intermediation with Contingent Contracts and Macroeconomic Risks" @default.
- W3124865252 hasPublicationYear "2004" @default.
- W3124865252 type Work @default.
- W3124865252 sameAs 3124865252 @default.
- W3124865252 citedByCount "2" @default.
- W3124865252 countsByYear W31248652522014 @default.
- W3124865252 crossrefType "posted-content" @default.
- W3124865252 hasAuthorship W3124865252A5029496610 @default.
- W3124865252 hasConcept C10138342 @default.
- W3124865252 hasConcept C144133560 @default.
- W3124865252 hasConcept C162324750 @default.
- W3124865252 hasConcept C175025494 @default.
- W3124865252 hasConcept C2777764128 @default.
- W3124865252 hasConcept C2779143981 @default.
- W3124865252 hasConcept C556758197 @default.
- W3124865252 hasConcept C65146658 @default.
- W3124865252 hasConcept C73283319 @default.
- W3124865252 hasConceptScore W3124865252C10138342 @default.
- W3124865252 hasConceptScore W3124865252C144133560 @default.
- W3124865252 hasConceptScore W3124865252C162324750 @default.
- W3124865252 hasConceptScore W3124865252C175025494 @default.
- W3124865252 hasConceptScore W3124865252C2777764128 @default.
- W3124865252 hasConceptScore W3124865252C2779143981 @default.
- W3124865252 hasConceptScore W3124865252C556758197 @default.
- W3124865252 hasConceptScore W3124865252C65146658 @default.
- W3124865252 hasConceptScore W3124865252C73283319 @default.
- W3124865252 hasLocation W31248652521 @default.
- W3124865252 hasOpenAccess W3124865252 @default.
- W3124865252 hasPrimaryLocation W31248652521 @default.
- W3124865252 hasRelatedWork W1485086720 @default.
- W3124865252 hasRelatedWork W1493429146 @default.
- W3124865252 hasRelatedWork W1529775928 @default.
- W3124865252 hasRelatedWork W1550772245 @default.
- W3124865252 hasRelatedWork W1563982498 @default.
- W3124865252 hasRelatedWork W2026575235 @default.
- W3124865252 hasRelatedWork W2031233645 @default.
- W3124865252 hasRelatedWork W2116762832 @default.
- W3124865252 hasRelatedWork W2775427245 @default.
- W3124865252 hasRelatedWork W2789299870 @default.
- W3124865252 hasRelatedWork W3014749731 @default.
- W3124865252 hasRelatedWork W3111328850 @default.
- W3124865252 hasRelatedWork W3121264450 @default.
- W3124865252 hasRelatedWork W3123038368 @default.
- W3124865252 hasRelatedWork W3125675606 @default.
- W3124865252 hasRelatedWork W3179729997 @default.
- W3124865252 hasRelatedWork W829049488 @default.
- W3124865252 hasRelatedWork W2095520481 @default.
- W3124865252 hasRelatedWork W2156721221 @default.
- W3124865252 hasRelatedWork W2183561794 @default.
- W3124865252 isParatext "false" @default.
- W3124865252 isRetracted "false" @default.
- W3124865252 magId "3124865252" @default.
- W3124865252 workType "article" @default.