Whose Credit Line is it Anyway : An Update on Banks' Implicit Subsidies

An Update on Banks' Implicit Subsidies

Whose Credit Line is it Anyway : An Update on Banks' Implicit Subsidies
The post-crisis financial sector framework reform remains incomplete. While capital and liquidity requirements have been strengthened, doubts remain over other aspects, including the fact that expectations of government support for systemically-important banks (SIBs) remain intact. In this paper, we use a jump diffusion... READ MORE...

Publication date: November 2016
ISBN 9781475554700
$18.00

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