메뉴 건너뛰기




Volumn 24, Issue 6, 2011, Pages 2084-2120

Competition, risk-shifting, and public bail-out policies

Author keywords

[No Author keywords available]

Indexed keywords


EID: 79957485739     PISSN: 08939454     EISSN: 14657368     Source Type: Journal    
DOI: 10.1093/rfs/hhq114     Document Type: Article
Times cited : (258)

References (40)
  • 1
    • 3142718443 scopus 로고    scopus 로고
    • Competition and financial stability
    • Allen, F., and D. Gale. 2004. Competition and Financial Stability. Journal of Money, Credit, and Banking 36:453-80. (Pubitemid 38920345)
    • (2004) Journal of Money, Credit and Banking , vol.36 , Issue.3 , pp. 453-480
    • Allen, F.1    Gale, D.2
  • 2
    • 0000366210 scopus 로고    scopus 로고
    • Establishing banking market definitions through estimation of residual deposit supply equations
    • Amel, D., and T. Hannan. 1999. Establishing Banking Market Definitions Through Estimation of Residual Deposit Supply Equations. Journal of Banking and Finance 23:1667-90.
    • (1999) Journal of Banking and Finance , vol.23 , pp. 1667-1690
    • Amel, D.1    Hannan, T.2
  • 3
    • 2142700024 scopus 로고    scopus 로고
    • Bank regulation and supervision: What works best?
    • DOI 10.1016/j.jfi.2003.06.002
    • Barth, J. R., G. Caprio, and R. Levine. 2004. Bank Regulation and Supervision: What Works Best? Journal of Financial Intermediation 13:205-48. (Pubitemid 38544632)
    • (2004) Journal of Financial Intermediation , vol.13 , Issue.2 , pp. 205-248
    • Barth, J.R.1    Caprio Jr., G.2    Levine, R.3
  • 4
    • 33645913251 scopus 로고    scopus 로고
    • Bank concentration, competition, and crises: First results
    • DOI 10.1016/j.jbankfin.2005.05.010, PII S0378426605001044
    • Beck, T., A. Demirgüç-Kunt, and R. Levine. 2006. Bank Concentration and Crises: First Results. Journal of Banking and Finance 30:1581-603. (Pubitemid 43585164)
    • (2006) Journal of Banking and Finance , vol.30 , Issue.5 , pp. 1581-1603
    • Beck, T.1    Demirguc-Kunt, A.2    Levine, R.3
  • 5
    • 1842460647 scopus 로고    scopus 로고
    • Procyclicality of the financial system and financial stability: Issues and policy options
    • Bank for International Settlements
    • Borio, C., C. Furfine, and P. Lowe. 2001. Procyclicality of the Financial System and Financial Stability: Issues and Policy Options. Working Paper No. 1, Bank for International Settlements.
    • (2001) Working Paper No. 1
    • Borio, C.1    Furfine, C.2    Lowe, P.3
  • 7
    • 0002064709 scopus 로고
    • Size and performance of banking firms: Testing the predictions of theory
    • Boyd, J. H., and D. E. Runkle. 1993. Size and Performance of Banking Firms: Testing the Predictions of Theory. Journal of Monetary Economics 31:47-67.
    • (1993) Journal of Monetary Economics , vol.31 , pp. 47-67
    • Boyd, J.H.1    Runkle, D.E.2
  • 9
    • 79957506107 scopus 로고    scopus 로고
    • Avoiding disaster: Policies to reduce the risk of banking crises
    • Egyptian Center for Economic Studies
    • Caprio, G., and M. Soledad Martinez Peria. 2000. Avoiding Disaster: Policies to Reduce the Risk of Banking Crises. Working Paper No. 47, Egyptian Center for Economic Studies.
    • (2000) Working Paper No. 47
    • Caprio, G.1    Soledad Martinez Peria, M.2
  • 10
    • 0344585888 scopus 로고    scopus 로고
    • Bank bailouts: Moral hazard vs. value effect
    • DOI 10.1016/S1042-9573(03)00046-9
    • Cordella, T., and E. L. Yeyati. 2003. Bank Bailouts: Moral Hazard vs. Value Effect. Journal of Financial Intermediation 12:300-330. (Pubitemid 37488547)
    • (2003) Journal of Financial Intermediation , vol.12 , Issue.4 , pp. 300-330
    • Cordella, T.1    Yeyati, E.L.2
  • 11
    • 0036793440 scopus 로고    scopus 로고
    • Does deposit insurance increase banking system stability? An empirical investigation
    • Demirgüç-Kunt, A., and E. Detragiache. 2002. Does Deposit Insurance Increase Banking System Stability? An Empirical Investigation. Journal of Monetary Economics 49:1373-406.
    • (2002) Journal of Monetary Economics , vol.49 , pp. 1373-1406
    • Demirgüç-Kunt, A.1    Detragiache, E.2
  • 14
    • 79957460547 scopus 로고    scopus 로고
    • Size, charter value, and risk in banking: An international perspective
    • Federal Reserve of Chicago,The Financial Safety Net: Costs, Benefits and Implications for Regulation
    • De Nicoló, G. 2001. Size, Charter Value, and Risk in Banking: An International Perspective. In Federal Reserve of Chicago, The Financial Safety Net: Costs, Benefits and Implications for Regulation, Proceedings of the 37th Annual Conference on Bank Structure and Competition, 197-215.
    • (2001) Proceedings of the 37th Annual Conference on Bank Structure and Competition , pp. 197-215
    • De Nicoló, G.1
  • 15
    • 8744261973 scopus 로고    scopus 로고
    • Bank consolidation, internationalization, and conglomeration: Trends and implications for financial risk
    • DOI 10.1111/j.0963-8008.2004.00076.x
    • De Nicoló, G., P. Bartholomew, J. Zaham, and M. Zephirin. 2004. Bank Consolidation, Conglomeration, and Internationalization: Trends and Implications for Financial Risk. Financial Markets, Institutions, & Instruments 13:173-217. (Pubitemid 39519084)
    • (2004) Financial Markets, Institutions and Instruments , vol.13 , Issue.4 , pp. 173-217
    • De Nicolo, G.1    Bartholomew, P.2    Zaman, J.3    Zephirin, M.4
  • 16
    • 84891412687 scopus 로고    scopus 로고
    • Bank ownership, market structure, and risk
    • International Monetary Fund, Washington, D.C
    • De Nicoló, G., and E. Loukoianova. 2007. Bank Ownership, Market Structure, and Risk. Working Paper No. 07/215, International Monetary Fund, Washington, D.C.
    • (2007) Working Paper No. 07/215
    • De Nicoló, G.1    Loukoianova, E.2
  • 17
  • 19
    • 0041181132 scopus 로고    scopus 로고
    • Using Market Information in Prudential Bank Supervision: A Review of the U.S. Empirical Evidence
    • Flannery, M. 1998. Using Market Information in Prudential Banking Supervision: A Review of U.S. Evidence. Journal of Money, Credit, and Banking 30:273-305. (Pubitemid 128117259)
    • (1998) Journal of Money, Credit and Banking , vol.30 , Issue.3 , pp. 273-305
    • Flannery, M.J.1
  • 23
    • 23944444239 scopus 로고    scopus 로고
    • Deposit insurance, moral hazard and market monitoring
    • DOI 10.1007/s10679-004-6280-0
    • Gropp, R., and J. Vesala. 2004. Deposit Insurance, Moral Hazard, and Market Monitoring. Review of Finance 8:571-602. (Pubitemid 41201453)
    • (2004) Review of Finance , vol.8 , Issue.4 , pp. 571-602
    • Gropp, R.1    Vesala, J.2
  • 24
    • 33645753452 scopus 로고    scopus 로고
    • Equity and bond market signals as leading indicators of bank fragility
    • DOI 10.1353/mcb.2006.0032
    • Gropp, R., J. Vesala, and G. Vulpes. 2006. Equity and Debt Market Signals as Indicators of Bank Fragility. Journal of Money, Credit, and Banking 38:399-428. (Pubitemid 43555608)
    • (2006) Journal of Money, Credit and Banking , vol.38 , Issue.2 , pp. 399-428
    • Gropp, R.1    Vesala, J.2    Vulpes, G.3
  • 25
    • 77956885620 scopus 로고    scopus 로고
    • Banks without parachutes: Competitive effects of government bail-out policies
    • Hakenes, H., and I. Schnabel. 2010. Banks Without Parachutes: Competitive Effects of Government Bail-out Policies. Journal of Financial Stability 6:156-68.
    • (2010) Journal of Financial Stability , vol.6 , pp. 156-168
    • Hakenes, H.1    Schnabel, I.2
  • 27
    • 0040808851 scopus 로고    scopus 로고
    • Effectiveness of capital regulation at U.S. commercial banks, 1985-1994
    • Hovakimian, A., and E. J. Kane. 2000. Effectiveness of Capital Regulation at U.S. Commercial Banks, 1985-1994. Journal of Finance 55:451-68.
    • (2000) Journal of Finance , vol.55 , pp. 451-468
    • Hovakimian, A.1    Kane, E.J.2
  • 28
    • 1842864202 scopus 로고    scopus 로고
    • Enhancing Bank Transparency: A Re-assessment
    • DOI 10.1023/A:1022037025942
    • Hyytinen, A., and T. Takalo. 2002. Enhancing Bank Transparency: A Re-assessment. European Finance Review 6:429-45. (Pubitemid 36165795)
    • (2002) European Finance Review , vol.6 , Issue.3 , pp. 429-445
    • Hyytinen, A.1    Takalo, T.2
  • 30
    • 85017170119 scopus 로고
    • Deposit insurance, risk, and market power in banking
    • Keeley, M. C. 1990. Deposit Insurance, Risk, and Market Power in Banking. American Economic Review 80: 1183-200.
    • (1990) American Economic Review , vol.80 , pp. 1183-1200
    • Keeley, M.C.1
  • 31
    • 49449127434 scopus 로고
    • An analytical derivation of the cost of deposit insurance and loan guarantees
    • Merton, R. 1977. An Analytical Derivation of the Cost of Deposit Insurance and Loan Guarantees. Journal of Banking and Finance 1:3-11.
    • (1977) Journal of Banking and Finance , vol.1 , pp. 3-11
    • Merton, R.1
  • 34
    • 6944242941 scopus 로고    scopus 로고
    • Will greater disclosure and transparency prevent the next banking crisis?
    • W. C. Hunter, G. Kaufman, and T. Krueger (eds.),Boston: Kluwer Academic Publishers
    • Rosengren, E. 1999. Will Greater Disclosure and Transparency Prevent the Next Banking Crisis? In W. C. Hunter, G. Kaufman, and T. Krueger (eds.), The Asian Financial Crisis: Origins, Implications, and Solutions, pp. 369-78, Boston: Kluwer Academic Publishers.
    • (1999) The Asian Financial Crisis: Origins, Implications, and Solutions , pp. 369-78
    • Rosengren, E.1
  • 35
    • 1842759776 scopus 로고    scopus 로고
    • The effects of government ownership on bank lending
    • DOI 10.1016/j.jfineco.2002.10.002, PII S0304405X03002459
    • Sapienza, P. 2004. The Effects of Government Ownership on Bank Lending. Journal of Financial Economics 72:357-84. (Pubitemid 38461976)
    • (2004) Journal of Financial Economics , vol.72 , Issue.2 , pp. 357-384
    • Sapienza, P.1
  • 36
    • 5544320334 scopus 로고    scopus 로고
    • The German twin crisis of 1931
    • Schnabel, I. 2004. The German Twin Crisis of 1931. Journal of Economic History 64:822-71. (Pubitemid 39366717)
    • (2004) Journal of Economic History , vol.64 , Issue.3 , pp. 822-871
    • Schnabel, I.1
  • 37
    • 58349095737 scopus 로고    scopus 로고
    • The role of liquidity and implicit guarantees in the German twin crisis of 1931
    • Schnabel, I. 2009. The Role of Liquidity and Implicit Guarantees in the German Twin Crisis of 1931. Journal of International Money and Finance 28:1-25.
    • (2009) Journal of International Money and Finance , vol.28 , pp. 1-25
    • Schnabel, I.1
  • 38
    • 38249015522 scopus 로고
    • The relationship between risk and capital in commercial banks
    • Shrieves, R. E., and D. Dahl. 1992. The Relationship between Risk and Capital in Commercial Banks. Journal of Banking and Finance 16:439-57.
    • (1992) Journal of Banking and Finance , vol.16 , pp. 439-457
    • Shrieves, R.E.1    Dahl, D.2
  • 39
    • 0038128461 scopus 로고    scopus 로고
    • Testing for market discipline in the European banking industry: Evidence from subordinated debt issues
    • Sironi, A. 2003. Testing for Market Discipline in the European Banking Industry: Evidence from Subordinated Debt Issues. Journal of Money, Credit, and Banking 35:443-72. (Pubitemid 36737805)
    • (2003) Journal of Money, Credit and Banking , vol.35 , Issue.3 , pp. 443-472
    • Sironi, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.