Bank instability: interbank linkages and the role of disclosure

We study the impact of disclosure about bank fundamentals on depositors' behavior in the presence (and absence) of economic linkages between financial institutions. Using a controlled laboratory environment, we identify under which conditions disclosure is conducive to bank stability. We find t...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: König-Kersting, Christian (VerfasserIn) , Trautmann, Stefan T. (VerfasserIn) , Vlahu, Razvan (VerfasserIn)
Dokumenttyp: Buch/Monographie Arbeitspapier
Sprache:Englisch
Veröffentlicht: Helsinki Bank of Finland 14 July 2020
Schriftenreihe:Bank of Finland research discussion papers 2020, 14
In: Bank of Finland research discussion papers (2020, 14)

Schlagworte:
Online-Zugang:Verlag, kostenfrei: https://helda.helsinki.fi/bof/bitstream/handle/123456789/17517/BoF_DP_2014.pdf?sequence=1&isAllowed=y
Resolving-System, kostenfrei: http://nbn-resolving.de/URN:NBN:fi:bof-202007132243
Resolving-System, kostenfrei: http://hdl.handle.net/10419/240337
Volltext
Verfasserangaben:Christian König-Kersting - Stefan T. Trautmann - Razvan Vlahu

MARC

LEADER 00000cam a2200000 c 4500
001 1725574209
003 DE-627
005 20241126220451.0
007 cr uuu---uuuuu
008 200727s2020 fi |||||o 00| ||eng c
020 |a 9789523233416  |9 978-952-323-341-6 
024 7 |a urn:nbn:fi:bof-202007132243  |2 urn 
024 7 |a 10419/240337  |2 hdl 
035 |a (DE-627)1725574209 
035 |a (DE-599)KXP1725574209 
035 |a (OCoLC)1195490663 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
044 |c XA-FI 
084 |a 17  |2 sdnb 
084 |a D81  |a G21  |a G28  |2 jelc 
100 1 |a König-Kersting, Christian  |d 1989-  |e VerfasserIn  |0 (DE-588)1110801173  |0 (DE-627)865179549  |0 (DE-576)475795989  |4 aut 
245 1 0 |a Bank instability  |b interbank linkages and the role of disclosure  |c Christian König-Kersting - Stefan T. Trautmann - Razvan Vlahu 
264 1 |a Helsinki  |b Bank of Finland  |c 14 July 2020 
300 |a 1 Online-Ressource (circa 48 Seiten)  |b Illustrationen 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
490 1 |a Bank of Finland research discussion papers  |v 2020, 14 
520 |a We study the impact of disclosure about bank fundamentals on depositors' behavior in the presence (and absence) of economic linkages between financial institutions. Using a controlled laboratory environment, we identify under which conditions disclosure is conducive to bank stability. We find that bank deposits are sensitive to perceived bank performance. While banks with strong fundamentals benefit from more precise disclosure, an opposing effect is present for solvent banks with weaker fundamentals. Depositors take information about economic linkages into account and correctly identify when disclosure about one institution conveys meaningful information for others. Our findings highlight both the costs and benefits of bank transparency and suggest that disclosure is not always stability enhancing. 
650 4 |a Disclosure  |7 (dpeaa)DE-206 
650 4 |a Banks  |7 (dpeaa)DE-206 
650 4 |a Interbank linkages  |7 (dpeaa)DE-206 
650 4 |a Coordination  |7 (dpeaa)DE-206 
650 4 |a Beliefs  |7 (dpeaa)DE-206 
655 4 |0 (DE-206)34  |a Graue Literatur  |5 DE-206 
700 1 |a Trautmann, Stefan T.  |e VerfasserIn  |0 (DE-588)136216633  |0 (DE-627)577224271  |0 (DE-576)300901135  |4 aut 
700 1 |a Vlahu, Razvan  |d 1977-  |e VerfasserIn  |0 (DE-588)1016216831  |0 (DE-627)671236210  |0 (DE-576)351666877  |4 aut 
810 2 |a Suomen Pankki  |t Bank of Finland research discussion papers  |v 2020, 14  |9 2020,14  |w (DE-627)512198756  |w (DE-576)28130985X  |w (DE-600)2236524-2  |x 1456-6184  |7 am 
856 4 0 |u https://helda.helsinki.fi/bof/bitstream/handle/123456789/17517/BoF_DP_2014.pdf?sequence=1&isAllowed=y  |x Verlag  |z kostenfrei 
856 4 0 |u http://nbn-resolving.de/URN:NBN:fi:bof-202007132243  |x Resolving-System  |z kostenfrei 
856 4 0 |u http://hdl.handle.net/10419/240337  |x Resolving-System  |z kostenfrei 
951 |a BO 
992 |a 20210726 
993 |a WorkingPaper 
994 |a 2020 
998 |g 136216633  |a Trautmann, Stefan T.  |m 136216633:Trautmann, Stefan T.  |d 180000  |d 181000  |e 180000PT136216633  |e 181000PT136216633  |k 0/180000/  |k 1/180000/181000/  |p 2 
999 |a KXP-PPN1725574209  |e 3957918952 
BIB |a Y 
JSO |a {"type":{"media":"Online-Ressource","bibl":"book"},"person":[{"given":"Christian","role":"aut","display":"König-Kersting, Christian","family":"König-Kersting"},{"display":"Trautmann, Stefan T.","family":"Trautmann","given":"Stefan T.","role":"aut"},{"family":"Vlahu","display":"Vlahu, Razvan","role":"aut","given":"Razvan"}],"origin":[{"publisherPlace":"Helsinki","dateIssuedKey":"2020","publisher":"Bank of Finland","dateIssuedDisp":"14 July 2020"}],"title":[{"title":"Bank instability","subtitle":"interbank linkages and the role of disclosure","title_sort":"Bank instability"}],"id":{"eki":["1725574209"],"isbn":["9789523233416"],"hdl":["10419/240337"],"uri":["urn:nbn:fi:bof-202007132243"]},"relMultPart":[{"corporate":[{"display":"Suomen Pankki","role":"aut"}],"titleAlt":[{"title":"Research discussion papers"},{"title":"Discussion papers"},{"title":"Bank of Finland discussion papers"},{"title":"Suomen Pankin keskustelualoitteita"},{"title":"Finlands Banks diskussionsunderlag"}],"dispAlt":"Suomen Pankki: Bank of Finland research discussion papers","part":{"number_sort":["2020,14"],"number":["2020, 14"]},"language":["eng"],"type":{"media":"Online-Ressource","bibl":"serial"},"disp":"Bank of Finland research discussion papers","titleTranslated":[{"translated":"Suomen Pankin tutkimus keskustelualoitteita"}],"title":[{"title":"Bank of Finland research discussion papers","title_sort":"Bank of Finland research discussion papers","subtitle":" = Suomen Pankin tutkimus keskustelualoitteita"}],"note":["Gesehen am 16.04.25"],"origin":[{"dateIssuedDisp":"1988-","dateIssuedKey":"1988","publisher":"[Verlag nicht ermittelbar]","publisherPlace":"Helsinki"}],"pubHistory":["1988 -"],"id":{"eki":["512198756"],"hdl":["10419/211500"],"issn":["1456-6184"],"zdb":["2236524-2"]},"physDesc":[{"extent":"Online-Ressource"}],"recId":"512198756"}],"recId":"1725574209","language":["eng"],"name":{"displayForm":["Christian König-Kersting - Stefan T. Trautmann - Razvan Vlahu"]},"physDesc":[{"noteIll":"Illustrationen","extent":"1 Online-Ressource (circa 48 Seiten)"}]} 
SRT |a KOENIGKERSBANKINSTAB1420