Theoretical essays on bank risk-taking and financial stability
This thesis proposes theoretical models to study bank risk-taking and financial stability. Three issues are explored: (1) the moral-hazard incentive for securitisation, (2) the socially optimal banking structure for the economy, and (3) the relationship between bank competition and financial stabili...
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City University London
2012
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.560959 |