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A Pyrrhic Victory? - Bank Bailouts and Sovereign Credit Risk

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NBER2011-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17136
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We show that financial sector bailouts and sovereign credit risk are intimately linked. A bailout benefits the economy by ameliorating the under-investment problem of the financial sector. However, increasing taxation of the non-financial sector to fund the bailout may be inefficient since it
提供机构:
美国国家经济研究局
创建时间:
2011-06-01
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