Supervisory Incentives in a Banking Union

Supervisory Incentives in a Banking Union
Author :
Publisher : International Monetary Fund
Total Pages : 50
Release :
ISBN-10 : 9781475537635
ISBN-13 : 1475537638
Rating : 4/5 (638 Downloads)

Book Synopsis Supervisory Incentives in a Banking Union by : Elena Carletti

Download or read book Supervisory Incentives in a Banking Union written by Elena Carletti and published by International Monetary Fund. This book was released on 2016-09-21 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore the behavior of supervisors when a centralized agency has full power over all decisions regarding banks, but relies on local supervisors to collect the information necessary to act. This institutional design entails a principal-agent problem between the central and local supervisors if their objective functions differ. Information collection may be inferior to that under fully independent local supervisors or under centralized information collection. And this may increase risk-taking by regulated banks. Yet, a “tougher” central supervisor may increase regulatory standards. Thus, the net effect of centralization on bank risk taking depends on the balance of these two effects.


Supervisory Incentives in a Banking Union Related Books

Supervisory Incentives in a Banking Union
Language: en
Pages: 50
Authors: Elena Carletti
Categories: Business & Economics
Type: BOOK - Published: 2016-09-21 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

We explore the behavior of supervisors when a centralized agency has full power over all decisions regarding banks, but relies on local supervisors to collect t
Banking Union for Europe
Language: en
Pages: 152
Authors: Thorsten Beck
Categories: Business & Economics
Type: BOOK - Published: 2012-10-01 - Publisher:

DOWNLOAD EBOOK

Contributions from Viral Acharya, Joshua Aizenman, Franklin Allen, Thorsten Beck, Erik Bergl f, Claudia Buch, Elena Carletti, Ralph de Haas, Luis Garicano, Andr
The Difficult Construction of European Banking Union
Language: en
Pages: 271
Authors: David Howarth
Categories: Political Science
Type: BOOK - Published: 2020-06-29 - Publisher: Taylor & Francis

DOWNLOAD EBOOK

The Difficult Construction of European Banking Union examines the political, legal and economic issues surrounding the lacunae and design faults of European Ban
Governance of International Banking
Language: en
Pages: 203
Authors: Dirk Schoenmaker
Categories: Business & Economics
Type: BOOK - Published: 2013-04-25 - Publisher: Oxford University Press

DOWNLOAD EBOOK

Global governance of international banks is breaking down after the Great Financial Crisis, as national regulators are withdrawing on their home turf. New evide
European Banking Supervision
Language: en
Pages: 182
Authors: André Sapir
Categories: Business & Economics
Type: BOOK - Published: 2016-06-14 - Publisher:

DOWNLOAD EBOOK

European banking supervision, also known as the Single Supervisory Mechanism, is the first and arguably the main component of European banking union. In late 20