A Comment Concerning Deposit Insurance and Moral Hazard
收藏NBER2006-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12719
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资源简介：
Hooks and Robinson argue that moral hazard induced by deposit insurance induced banks to invest in riskier assets in Texas during the 1920s. Their regressions suggest this manifestation of moral hazard may explain a portion of the events that occurred during the 1920s, but some other phenomena,
提供机构：
美国国家经济研究局
创建时间：
2006-12-01
