TY  - BOOK
AU  - Levy Yeyati,Eduardo
AU  - Cordella,Tito
AU  - Levy Yeyati,Eduardo
TI  - Public Disclosure and Bank Failures
T2  - IMF Working Papers; Working Paper
SN  - 1451851871 :
SN  - 1018-5941
PY  - 1997///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Bank Failures
KW  - imf
KW  - Banking
KW  - Deposit Insurance
KW  - Deposit Rate
KW  - Deposit Rates
KW  - New Zealand
N2  - This paper examines how public disclosure of banks' risk exposure affects banks' risk-taking incentives and assesses how the presence of informed depositors influences the soundness of the banking system. It finds that, when banks have complete control over the volatility of their loan portfolios, public disclosure reduces the probability of banking crises. However, when banks do not control their risk exposure, the presence of informed depositors may increase the probability of bank failures
UR  - http://elibrary.imf.org/view/IMF001/05482-9781451851878/05482-9781451851878/05482-9781451851878.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451851878
ER  -