Government Guarantees: Why the Genie Needs to Be Put Back in the Bottle

Richardson Matthew and Viral Acharya

The Economists' Voice, 2009, vol. 6, issue 11, 5

Abstract: Viral Acharya and Matthew Richardson point out that bank capital requirements and deposit insurance premia need to be based on the bank's systemic risk rather than its individual risk.

Date: 2009
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DOI: 10.2202/1553-3832.1668

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