Search Results - subject:"Implicit guarantees"

Effects of the EU resolution framework on moral hazard and market discipline

Scholz, Julian - 2021

Persistent link: https://www.econbiz.de/10013326490

Who bears risk in China's non-financial enterprise debt?

Anderson, Ronald W. - 2020

Persistent link: https://www.econbiz.de/10012255988

Who bears risk in China's non-financial enterprise debt?

Anderson, Ronald W. - 2020

Persistent link: https://www.econbiz.de/10012487356

Asset purchase bailouts and endogenous implicit guarantees

Mengus, Eric - 2018

This paper provides a theory of endogenous implicit guarantees and how this leads to the existence of systemic assets …

Persistent link: https://www.econbiz.de/10012107025

To be or not to be a G-SIB : does it matter?

Schich, Sebastian T.; Toader, Oana - In: Journal of financial management, markets and institutions 5 (2017) 2, pp. 169-192

Persistent link: https://www.econbiz.de/10011960194

International Bailouts: Why Did Banks' Collective Bet Lead Europe to Rescue Greece?

Mengus, E. - Banque de France - 2014

-fulfilling implicit guarantees in equilibrium. In response to the resulting inefficient outcome, the optimal policy for the rescuing …

Persistent link: https://www.econbiz.de/10010884832

International bailouts : why did banks' collective bet lead Europe to rescue Greece?

Mengus, Eric - 2014

Persistent link: https://www.econbiz.de/10010439830

Bank Bailouts and Market Discipline: How Bailout Expectations Changed During the Financial Crisis

Hett, Florian; Schmidt, Alexander - Volkswirtschaftslehre-Lehrstühle, Gutenberg School of … - 2013

We show that market discipline, defined as the extent to which frm specific risk characteristics are reflected in market prices, eroded during the recent financial crisis in 2008. We design a novel test of changes in market discipline based on the relation between firm specific risk...

Persistent link: https://www.econbiz.de/10010944713

Bank rescues and bailout expectations: The erosion of market discipline during the financial crisis

Hett, Florian; Schmidt, Alexander - Research Center SAFE (Sustainable Architecture for … - 2013

We show that market discipline, defined as the extent to which firm specific risk characteristics are re ected in market prices, eroded during the recent financial crisis in 2008. We design a novel test of changes in market discipline based on the relation between firm specific risk...

Persistent link: https://www.econbiz.de/10010955130

Bank rescues and bailout expectations : the erosion of market discipline during the financial crisis

Hett, Florian; Schmidt, Alexander - 2013

Persistent link: https://www.econbiz.de/10010226557