How Long to Read Bank Risk Within and Across Equilibria

How Long Does it Take to Read Bank Risk Within and Across Equilibria?

It takes the average reader and 38 minutes to read Bank Risk Within and Across Equilibria by Mr. Itai Agur

Assuming a reading speed of 250 words per minute. Learn more

Description

The global financial crisis highlighted that the financial system can be most vulnerable when it seems most stable. This paper models non-linear dynamics in banking. Small shocks can lead from an equilibrium with few bank defaults straight to a full freeze. The mechanism is based on amplification between adverse selection on banks' funding market and moral hazard in bank monitoring. Our results imply trade-offs between regulators' microprudential desire to shield individual weak banks and the macroprudential consequences of doing so. Moreover, limiting bank reliance on wholesale funding always reduces systemic risk, but limiting the correlation between bank portfolios does not.

How long is Bank Risk Within and Across Equilibria?

Bank Risk Within and Across Equilibria by Mr. Itai Agur is 37 pages long, and a total of 9,509 words.

This makes it 12% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Bank Risk Within and Across Equilibria Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Bank Risk Within and Across Equilibria aloud.

What Reading Level is Bank Risk Within and Across Equilibria?

Bank Risk Within and Across Equilibria is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Bank Risk Within and Across Equilibria?

Bank Risk Within and Across Equilibria by Mr. Itai Agur is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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