Insolvency – Temporary management of an insolvent bank
نویسندگان
چکیده
منابع مشابه
Deflation Caused by Bank Insolvency
The Japanese economy has suffered from persistent deflation since the mid-1990s, when the banking system fell into serious undercapitalization. In Germany and in China, worries about impending deflation have emerged, along with fear of prospective or hidden bank insolvency. In this paper I present a simple model in which bank insolvency causes deflation. During a period of bank insolvency, bank...
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We develop a dynamic model to assess the effects of liquidity and leverage requirements on banks’ insolvency risk. The model features endogenous capital structure, liquid asset holdings, payout, and default decisions. In the model, banks face taxation, flotation costs of securities, and default costs. They are financed with equity, insured deposits, and risky debt. Using the model, we show that...
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A The auxiliary problem 1 A.1 Notation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 A.2 Immediate liquidation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 A.3 Value of a barrier strategy . . . . . . . . . . . . . . . . . . . . . . . . . . 3 A.4 The optimal barrier . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 A.5 Verification . . . . . . ....
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ژورنال
عنوان ژورنال: Amicus Curiae
سال: 2012
ISSN: 2048-481X,1461-2097
DOI: 10.14296/ac.v1998i11.1544