Title: | Preventing systemic crises through bank transparency |
Author: | Hyytinen, Ari ; Takalo, Tuomas |
Organization: | Suomen Pankki |
Series: | Suomen Pankin keskustelualoitteita |
Series number: | 25/2003 |
Year of publication: | 2003 |
Publication date: | 21.10.2003 |
Published in: | Published in Economic Notes, 33, 2004: 257-273 |
Pages: | 25 s. |
Keywords: | pankkitoiminta; riskit; informaatio; pankkikriisit; mallit; avoimuus; |
JEL: | G21; G28 |
Abstract: | The banking system is known to be vulnerable to self-fulfilling crises that are caused by depositors coordination failure.We show that transparency regulation may prevent certain types of systemic crises by eliminating the possibility of the coordination failure. Key words: bank transparency, financial stability, disclosure regulation JEL classification numbers: G21, G28 |
Rights: | https://helda.helsinki.fi/bof/copyright |
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