Series: IMF Working Papers
Author(s): Jingqing Chai , and R. Johnston
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2000
Keywords: asymmetric information, market structure, incentive assessments, financial system, moral hazard, deposit insurance, risk taking
This paper underscores the importance of the assessment of incentives of the main agents in a financial system as a key element in the analysis of financial system vulnerability and the surveillance over the financ...