Reviewing Bank Regulatory Objectives Under Uncertail Information
Journal title STUDI ECONOMICI
Author/s Elettra Agliardi
Publishing Year 2010 Issue 2010/100 Language English
Pages 21 P. 19-39 File size 639 KB
DOI 10.3280/STE2010-100003
DOI is like a bar code for intellectual property: to have more infomation
click here
Below, you can see the article first page
If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits
FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.
A bank liquidation policy problem is analysed within a Merton framework where an appropriate notion of capital adequacy is introduced. The value of the deposit insurance liabilities and bank equity are derived. The effects of capital requirements on risk-shifting and bank reorganization are discussed, with a comparison of different regulatory regimes (in keeping with the Basel I and II Accords) and their impact on banks’ behaviour.
Keywords: Bank liquidation policies, solvency regulations, incentive approach, deposit insurance, capital requirements
Jel codes: G2, G21, G33
Elettra Agliardi, Reviewing Bank Regulatory Objectives Under Uncertail Information in "STUDI ECONOMICI " 100/2010, pp 19-39, DOI: 10.3280/STE2010-100003