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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Bibliographic Details
Main Author: Rafael Repullo
Format: Article
Language:English
Published: SpringerOpen 2017-12-01
Series:SERIEs: Journal of the Spanish Economic Association
Subjects:
Online Access:http://link.springer.com/article/10.1007/s13209-017-0171-z