The failure of large, complex and interconnected banks has severe consequences to the real economy. To address the challenges posed by globally systemically important banks (G-SIBs), the Basel Committee on Banking Supervision recommended an “additional loss absorbency requirement” for these institutions. Motivated by this instrument of macroprudential regulation, which reflects concern over ...
Year of publication: |
2015-04
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Authors: | Fique, Jose |
Institutions: | Center for Applied Economics and Policy Research (CAEPR), Department of Economics |
Subject: | Asymmetric Information | Counterparty Risk | Network Formation | Regulation |
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