Preventing systemic crises through bank transparency
| 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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