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Default of Systemically Important Financial Intermediaries: Short-term Stability versus Incentive Compatibility?

✍ Scribed by Dombret, Andreas; Ebner, André


Book ID
119828853
Publisher
John Wiley and Sons
Year
2013
Tongue
English
Weight
170 KB
Volume
14
Category
Article
ISSN
1465-6485

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Default of Systemically Important Financ
✍ Dombret, Andreas; Ebner, André 📂 Article 📅 2013 🏛 John Wiley and Sons 🌐 English ⚖ 170 KB

## Abstract Financial integration and globalization have acted as a major stimulus in the development of large, internationally operating banks, which not only provide cross-border services but also have a local presence. While these banks are themselves drivers of economic integration, they can po