Pelizzon, Loriana (contributor); … - 2003 - [Elektronische Ressource]
Do Bank Risk Management and Regulatory
Policy Reduce Risk in Banking?
∗
Loriana Pelizzon
†
Stephen Schaefer
‡
June 2003 …
Abstract
This paper addresses the impact of dynamic risk management on
bank risk taking. We show that when banks earn rents … only from
deposit insurance and can engage in risk management it is no longer
in their interests to maximize risk; instead …