search query: @indexterm Banks / total: 1629
reference: 104 / 1629
| Author: | Kahn, C.M. Santos, J.A.C. |
| Title: | Allocating bank regulatory powers: lender of last resort, deposit insurance and supervision |
| Journal: | European Economic Review
2005 : NOV, VOL. 49:8, p. 2107-2136 |
| Index terms: | banking banks deposit insurance regulations supervision |
| Language: | eng |
| Abstract: | This article studies the optimal allocation of bank regulatory powers. The authors find that the centralization of the lender of last resort and deposit insurance functions in a regulator results in excessive forbearance. According to the author, the centralization also leads the bank to make suboptimal investments in loans. |
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