International Evidence on Government Support and Risk Taking in the Banking Sector

WP/13/94

International Evidence on Government Support and Risk Taking in the Banking Sector
Government support to banks through the provision of explicit or implicit guarantees affects the willingness of banks to take on risk by reducing market discipline or by increasing charter value. We use an international sample of bank data and government support to banks for the periods 2003-2004 and 2009-2010. We find that more government... READ MORE...

Publication date: May 2013
ISBN 9781484309346
$18.00

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Publication date: May 2013

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Publication date: May 2013

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