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Magical Tome

Placeholder cover for Banking risks around the world
First published
2000
Publisher
World Bank, Financial Sector Strategy and Policy Dept.

Banking risks around the world

The outer archives are busy

by Luc Laeven

About this book

The degree of risk taking by a bank is related to the size of the gross subsidy that has been extended to the bank by the safety net. This subsidy can be calculated by applying a technique that models deposit insurance as a put option on the bank's assets.

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