Optimal Prudential Regulation Of Banks And The Political Economy Of Supervision
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| Google books | books.google.com |
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| Originally published | 2014 |
| Authors | Thierry Tressel |
| Thierry Verdier | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2383605 |
About Optimal Prudential Regulation Of Banks And The Political Economy Of Supervision
We consider a moral hazard economy in banks and production to study how incentives for risk taking are affected by the quality of supervision. We show that low interest rates may generate excessive risk taking. . . .