Insurance against systemic crises
Metadata only
Autor(in)
Datum
2009-08-08Typ
- Other Publication
ETH Bibliographie
yes
Altmetrics
Abstract
The crisis is a brutal reminder of the fragility of banks. This column suggests that managers of large banks be obliged to act as insurers against systemic crises. This would create incentives for them to be concerned about the stability of the banking system as a whole.
Publikationsstatus
publishedZeitschrift / Serie
VOX CEPR's Policy PortalVerlag
Centre for Economic Policy ResearchOrganisationseinheit
03729 - Gersbach, Hans / Gersbach, Hans
ETH Bibliographie
yes
Altmetrics