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Bank Size and Systemic Risk

Author/Editor: Luc Laeven | Lev Ratnovski | Hui Tong
Published: May 8, 2014
Electronic Access: Free Full Text (PDF file size is 1,142KB)
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Summary: The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this evolution can be explained by economies of scale or “too big to fail” subsidies. The paper then presents evidence on the extent to which bank size and market-based activities contribute to systemic risk. The paper concludes with policy messages in the area of capital regulation and activity restrictions to reduce the systemic risk posed by large banks. The analysis of the paper complements earlier Fund work, including SDN 13/04 and the recent GFSR chapter on “too big to fail” subsidies, and its policy message is in line with this earlier work.
 
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Series: Staff Discussion Notes No. 14/4
Subject(s): Systemic risk | Systemic risk assessment | Too-big-too-fail | Bank capital | Bank regulations | Corporate governance | Financial crisis | Bank financing | Bank deposits
 
English  
    Published:   May 8, 2014        
    ISBN/ISSN:   9781484363720/1934-7456   Format:   Paper
    Stock No:   SDNEA2014004   Pages:   23
    Price:   US$10.00
       
     
Please address any questions about this title to publications@imf.org.