How Long to Read Optimal Prudential Regulation of Banks and the Political Economy of Supervision

How Long Does it Take to Read Optimal Prudential Regulation of Banks and the Political Economy of Supervision?

It takes the average reader 1 hour and 1 minute to read Optimal Prudential Regulation of Banks and the Political Economy of Supervision by Mr.Thierry Tressel

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

Description

We consider a moral hazard economy in banks and production to study how incentives for risk taking are affected by the quality of supervision. We show that low interest rates may generate excessive risk taking. Because of a pecuniary externality, the market equilibrium may not be optimal and there is a need for prudential regulation. We show that the optimal capital ratio depends on the macro-financial cycle, and that, in presence of production externalities, it should be complemented by a constraint on asset allocation. We show that the political process tends to exacerbate excessive risk taking and credit cycles.

How long is Optimal Prudential Regulation of Banks and the Political Economy of Supervision?

Optimal Prudential Regulation of Banks and the Political Economy of Supervision by Mr.Thierry Tressel is 61 pages long, and a total of 15,311 words.

This makes it 21% the length of the average book. It also has 19% more words than the average book.

How Long Does it Take to Read Optimal Prudential Regulation of Banks and the Political Economy of Supervision Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 23 minutes to read Optimal Prudential Regulation of Banks and the Political Economy of Supervision aloud.

What Reading Level is Optimal Prudential Regulation of Banks and the Political Economy of Supervision?

Optimal Prudential Regulation of Banks and the Political Economy of Supervision 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 Optimal Prudential Regulation of Banks and the Political Economy of Supervision?

Optimal Prudential Regulation of Banks and the Political Economy of Supervision by Mr.Thierry Tressel 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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