Haku
Viitteet 1-1 / 1
Bailouts, franchise value and moral hazard in banking
(15.06.2018)
Singapore Economic Review 3
Singapore Economic Review 3
Policy discussions are dominated by the view that governmental safety nets offered to banks cause moral hazard and encourage risk-taking. However, [Cordella, T and E Levy Yeyati (2003). Bank bailouts: moral hazard vs. value ...