Hierarchical bank supervision
Abstract This paper presents a model in which a central and a local supervisor contribute their efforts to obtain information on the solvency of a local bank, which is then used by the central supervisor to decide on its early liquidation. This hierarchical model is contrasted with the alternatives...
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2017-12-01
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Series: | SERIEs: Journal of the Spanish Economic Association |
Subjects: | |
Online Access: | http://link.springer.com/article/10.1007/s13209-017-0171-z |