教師資料查詢 | 類別: 期刊論文 | 教師: 林志鴻 Jyh-horng Lin (瀏覽個人網頁)

標題:A note on bank default risk under government capital injection coinciding with high future loss expectation
學年101
學期2
出版(發表)日期2013/07/08
作品名稱A note on bank default risk under government capital injection coinciding with high future loss expectation
作品名稱(其他語言)
著者Lin, Jyh-horng; Chang, Chuen-Ping; Lin, Hsiao-Ning
單位淡江大學國際企業學系
出版者Abingdon: Routledge
著錄名稱、卷期、頁數Applied Economics Letters 20(15), pp.1368-1373
摘要This article proposes a framework for bank default risk measure under government capital injection explicitly coinciding with an adverse signal that a rescued bank is expected to have significant future losses. A bank facing a serious problem of early closure may have a strong incentive to participate in a government assistance programme. Recipients of government capital injections are encouraged to make additional loans at a reduced margin, and then increase the default risk in the bank's equity returns. These results may be due to the conflicting goals of the government's capital injection programme for bank recapitalization and bank lending.
關鍵字government capital injection; adverse signal; interest margin; bank failure; barrier
語言英文
ISSN1350-4851;1466-4291
期刊性質國外
收錄於SSCI
產學合作
通訊作者
審稿制度
國別英國
公開徵稿
出版型式紙本;電子版
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