1.
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The author develops a theoretical model of bank closure. The regulatory decision about bank failure consists of two parts: whether to close and how to close. Assuming tha[...]
2005 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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The author develops a dynamic model of banking competition to determine which capital instrument is most effective in disciplining banks' risk choice. Comparisons are con[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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The author documents the use by Canadian banks of subordinated debt (SD) as a capital instrument. He reviews the economic benefits of this asset as a mechanism for market[...]
2005 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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The authors examine the effect of a trade-off between shared credit risk and liquidity efficiency, among participants in Tranche 2 of the Large Value Transfer System (LVT[...]
2008 | Text | Staff Discussion Paper - Document d’analyse du personnel |
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