Financial Liberalization, Credit Market Imperfections and Financial System Stability di Tim Niepel edito da GRIN Publishing
Alta reperibilità

Financial Liberalization, Credit Market Imperfections and Financial System Stability

EAN:

9783656972549

ISBN:

3656972540

Pagine:
44
Formato:
Paperback
Lingua:
Tedesco
Acquistabile con o la

Descrizione Financial Liberalization, Credit Market Imperfections and Financial System Stability

Master's Thesis from the year 2013 in the subject Business economics - Investment and Finance, grade: 1,5, Utrecht University (Utrecht School of Economics), language: English, abstract: Financial liberalization stimulates competition and thereby supposedly increases the efficiency of investment. A simple credit market model is developed to show that such efficiency improvements may be disturbed by competition-induced incentives for banks to accept higher default rates, which result in instability of the financial system. Thereby we offer a complementary explanation to the relationship between competition and stability in financial markets. Consequently we argue that government intervention, in the form of intelligent regulation, is necessary to ensure the development of sustainable financial markets.

Spedizione gratuita
€ 40.53
o 3 rate da € 13.51 senza interessi con
Disponibile in 10-12 giorni
servizio Prenota Ritiri su libro Financial Liberalization, Credit Market Imperfections and Financial System Stability
Prenota e ritira
Scegli il punto di consegna e ritira quando vuoi

Recensioni degli utenti

e condividi la tua opinione con gli altri utenti