Too big to fail

Stern, G. H., & Feldman. (2004). Too big to fail: the hazards of bank bailouts. Brookings Institution Press.

Type

Book

Intellectual base

Review or monograph

Year

2004

Link

no authoritative link yet

Cited by

1 citation across 1 artifact.

Domain-specific

• Too big to fail
  • … from Authorities rescue a deeply interconnected bank because abrupt insolvency could freeze payments and force correlated asset sales across the system. to Policy assesses resolvability, substitutability and contagion, distinguishes liquidity from solvency and measures the moral-hazard cost of support expectations..

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