ebooks and download videos Search All  Title  Author 
Home / Nonfiction / Business & Economics / Banks & Banking

Uncertainty and Investment:The Financial Intermediary Balance Sheet Channel

| £7.54 | €8.41 | Ca$12.29 | Au$12.11
by Sophia Chen
What is this?DRM-EPUB | by download   add to wish list
Uncertainty and Investment:The Financial Intermediary Balance Sheet Channel by Sophia Chen

Rollover risk imposes market discipline on banks’ risk-taking behavior but it can be socially costly. I present a two-sided model in which a bank simultaneously lends to a firm and borrows from the short-term funding market. When the bank is capital constrained, uncertainty in asset quality and rollover risk create a negative externality that spills over to the real economy by ex ante credit contraction. Macroprudential and monetary policies can be used to reduce the social cost of market discipline and improve efficiency.

To view this DRM protected ebook on your desktop or laptop you will need to have Adobe Digital Editions installed. It is a free software. We also strongly recommend that you sign up for an AdobeID at the Adobe website. For more details please see FAQ 1&2. To view this ebook on an iPhone, iPad or Android mobile device you will need the Adobe Digital Editions app, or BlueFire Reader or Txtr app. These are free, too. For more details see this article.

SHARE  Share by Email  Share on Facebook  Share on Twitter  Share on Linked In  Share on Delicious
or call in the US toll free 1-888-866-9150 product ID: 699665

Ebook Details
Pages: 30
Size: 4.5 MB
Date published:   2015
ISBN: 9781475594034 (DRM-EPUB)

DRM Settings
Copying:not allowed
Printing:not allowed
Read Aloud:  not allowed

This product is listed in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Banks & Banking

This author has products in the following categories:

Nonfiction > Law > Bankruptcy & Insolvency
Nonfiction > Business & Economics
Nonfiction > Business & Economics > Banks & Banking
Nonfiction > Law
Nonfiction > Business & Economics > International > Economics

If you find anything wrong with this product listing, perhaps the description is wrong, the author is incorrect, or it is listed in the wrong category, then please contact us. We will promptly address your feedback.

© 2016