Optimal Bank Regulation in the Presence of Credit and Run Risk (Record no. 133655)
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fixed length control field | 01325nas a2200229Ia 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
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022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 0022-3808 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Kashyap, Anil K |
9 (RLIN) | 120172 |
245 #0 - TITLE STATEMENT | |
Title | Optimal Bank Regulation in the Presence of Credit and Run Risk |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | Journal of Political Economy |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2024 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 772-823 |
520 ## - SUMMARY, ETC. | |
Abstract | We modify the 1983 Diamond and Dybvig model so that banks offer liquidity services to depositors, raise equity funding, make risky loans, and invest in safe, liquid assets. Banks monitor borrowers to ensure that they repay loans and they are susceptible to depositor runs. We model the run decision by solving a novel global game. Relative to a social planner, banks opt for a more deposit-intensive capital structure, their assets may be more or less lending intensive, and the level of lending may be higher or lower. Correcting these three distortions requires a package of three regulations. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Credit |
9 (RLIN) | 4475 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Equity Funding |
9 (RLIN) | 120173 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Liquidity Services |
9 (RLIN) | 120174 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Risky Loans |
9 (RLIN) | 120175 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Optimal Bank Regulation |
9 (RLIN) | 120176 |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Tsomocos, Dimitrios P. |
9 (RLIN) | 120177 |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Vardoulakis, Alexandros P. |
9 (RLIN) | 120178 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://www.journals.uchicago.edu/doi/10.1086/726909">https://www.journals.uchicago.edu/doi/10.1086/726909</a> |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha biblionumber | 133655 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
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Dr VKRV Rao Library | Dr VKRV Rao Library | 02/08/2024 | Vol. 132, No. 3 | AI308 | 02/08/2024 | 02/08/2024 | Article Index |