Bank stability issues
Автор: Lapenkov V.Y.
Журнал: Экономика и социум @ekonomika-socium
Статья в выпуске: 3-1 (16), 2015 года.
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One of the major roles of banks and other financial intermediaries is to channel funds from savings into valuable projects. In doing so, banks engage in “liquidity and maturity transformation,” since they finance long-term, illiquid projects while funding themselves with short-term, liquid liabilities. By performing this important role, banks expose themselves to the risk of runs: If depositors or other short-term creditors worry about their claims, they may withdraw funds en masse and cause the bank to fail.
Finance, banking, research, stability
Короткий адрес: https://sciup.org/140113606
IDR: 140113606
Список литературы Bank stability issues
- Minsky, H.P. (2008), Stabilizing an Unstable Economy, McGraw-Hill.
- Fiordelisi F., Mare D., (2014). Competition and Financial Stability in European cooperative banks. Journal of International Money and Finance, 1-16