1.
Guarantees, Transparency and the Interdependency Between Sovereign and Bank Default Risk
König, Philipp ; Anand, Kartik ; Heinemann, Frank
Bank debt guarantees have traditionally been viewed as costless measures to prevent bank runs. However, as recent experiences in some European countries have demonstrated[...]
2014 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
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2.
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wp2013-31
The ‘Celtic Crisis’: Guarantees, Transparency and Systemic Liquidity Risk
König, Philipp ; Anand, Kartik ; Heinemann, Frank
Bank liability guarantee schemes have traditionally been viewed as costless measures to shore up investor confidence and prevent bank runs. However, as the experiences of[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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