Systemic risk-taking: amplification effects, externalities, and regulatory responses
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- Anton Korinek, 2011. "Systemic Risk-Taking: Amplification Effects, Externalities, and Regulatory Responses," NFI Working Papers 2011-WP-13, Indiana State University, Scott College of Business, Networks Financial Institute.
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More about this item
Keywords
bailout neutrality; externality pricing kernel; financial amplification; macroprudential regulation; systemic externalities; systemic risk;All these keywords.
JEL classification:
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2011-06-11 (Banking)
- NEP-REG-2011-06-11 (Regulation)
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