Economics at your fingertips  

Some Difficulties with the Pre-commitment Approach

Alain Duchateau

Swiss Journal of Economics and Statistics (SJES), 1998, vol. 134, issue IV, 639-644

Abstract: The Pre-commitment approach (PCA) raises several concerns from a supervisor's perspective: the system of penalties which is envisaged is not efficient, the PCA may add to the financial instability, the supervisors are supposed to be on the side line contrary to their role to promote a sound financial system. More than a new approach to market risks, supervisors have now to devote their efforts to review the credit risk regulations.

Date: 1998
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Swiss Journal of Economics and Statistics (SJES) is currently edited by Rafael Lalive

More articles in Swiss Journal of Economics and Statistics (SJES) from Swiss Society of Economics and Statistics (SSES) Contact information at EDIRC.
Series data maintained by Peter Steiner ().

Page updated 2017-09-29
Handle: RePEc:ses:arsjes:1998-iv-14