The funds concentration effect and discriminatory bailout
In the presence of macroeconomic shocks severe enough to threaten the liquidity or solvency of the banking system, the regulator can rely on the funds concentration effect to save long-term investment projects. Some banks are forced into bankruptcy with the result that other banks obtain more new fu...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
München
CESifo
2001
|
| Series: | CESifo Working Paper
591 |
| In: |
CESifo working papers (591)
|
| Subjects: | |
| Online Access: | Resolving-System, Volltext: http://hdl.handle.net/10419/75690 Verlag, Volltext: http://www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=14560731 
|
| Author Notes: | Ulrich Erlenmaier; Hans Gersbach |
MARC
| LEADER | 00000cam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | 843639652 | ||
| 003 | DE-627 | ||
| 005 | 20250304043901.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 151211s2001 gw |||||o 00| ||eng c | ||
| 024 | 7 | |a 10419/75690 |2 hdl | |
| 035 | |a (DE-627)843639652 | ||
| 035 | |a (DE-576)9843639650 | ||
| 035 | |a (DE-599)GBV843639652 | ||
| 035 | |a (OCoLC)1450910724 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rakwb | ||
| 041 | |a eng | ||
| 044 | |c XA-DE | ||
| 084 | |a 17 |2 sdnb | ||
| 084 | |a 17 |2 sdnb | ||
| 084 | |a QC 000 |q SEPA |2 rvk |0 (DE-625)rvk/141235: | ||
| 084 | |a D84 |a E44 |a G28 |2 jelc | ||
| 100 | 1 | |a Erlenmaier, Ulrich |0 (DE-588)1318566207 |0 (DE-627)1880212358 |4 aut | |
| 245 | 1 | 4 | |a The funds concentration effect and discriminatory bailout |c Ulrich Erlenmaier; Hans Gersbach |
| 264 | 1 | |a München |b CESifo |c 2001 | |
| 300 | |a Online-Ressource (50 S.) |b graph. Darst. | ||
| 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 CESifo Working Paper |v 591 | |
| 520 | |a In the presence of macroeconomic shocks severe enough to threaten the liquidity or solvency of the banking system, the regulator can rely on the funds concentration effect to save long-term investment projects. Some banks are forced into bankruptcy with the result that other banks obtain more new funds and remain solvent. We investigate two different implementations of the funds concentration effect and the corresponding discriminatory bailout scheme: random bailout and bailout the big ones. While the latter can be problematic in terms of stability, it is superior to the former in terms of welfare and credibility. | ||
| 538 | |a Systemvoraussetzungen: PDF Reader. | ||
| 650 | 4 | |a financial intermediation |7 (dpeaa)DE-206 | |
| 650 | 4 | |a macroeconomic risk |7 (dpeaa)DE-206 | |
| 650 | 4 | |a banking regulation |7 (dpeaa)DE-206 | |
| 650 | 4 | |a discriminatory bailout |7 (dpeaa)DE-206 | |
| 650 | 4 | |a funds concentration |7 (dpeaa)DE-206 | |
| 650 | 4 | |a aggregate liquidity |7 (dpeaa)DE-206 | |
| 650 | 4 | |a consistent expectations |7 (dpeaa)DE-206 | |
| 655 | 4 | |0 (DE-206)24 |a Arbeitspapier |5 DE-206 | |
| 655 | 4 | |0 (DE-206)34 |a Graue Literatur |5 DE-206 | |
| 689 | 0 | 0 | |d s |0 (DE-588)4113564-7 |0 (DE-627)105828505 |0 (DE-576)209477512 |a Finanzintermediäre |2 gnd |
| 689 | 0 | 1 | |d s |0 (DE-588)4202351-8 |0 (DE-627)105159220 |0 (DE-576)210148039 |a Fonds |2 gnd |
| 689 | 0 | 2 | |d s |0 (DE-588)4125570-7 |0 (DE-627)105739200 |0 (DE-576)209577673 |a Konzentration |g Wirtschaft |2 gnd |
| 689 | 0 | |5 (DE-627) | |
| 689 | 1 | 0 | |d s |0 (DE-588)4209657-1 |0 (DE-627)10510261X |0 (DE-576)210193336 |a Bankenkrise |2 gnd |
| 689 | 1 | 1 | |d s |0 (DE-588)4151346-0 |0 (DE-627)104615559 |0 (DE-576)209787449 |a Einlagensicherung |2 gnd |
| 689 | 1 | 2 | |d s |0 (DE-588)4078612-2 |0 (DE-627)106076884 |0 (DE-576)209209321 |a Unternehmenssanierung |2 gnd |
| 689 | 1 | |5 (DE-627) | |
| 700 | 1 | |a Gersbach, Hans |d 1959- |0 (DE-588)112787797 |0 (DE-627)477107451 |0 (DE-576)289742420 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Erlenmaier, Ulrich |t The funds concentration effect and discriminatory bailout |d Munich : CESifo, 2001 |h 50 S. |w (DE-627)1165853728 |w (DE-576)095853723 |
| 810 | 2 | |a CESifo GmbH |t CESifo working papers |v 591 |9 59100 |w (DE-627)340076984 |w (DE-576)281209073 |w (DE-600)2065232-X |x 2364-1428 |7 am | |
| 856 | 4 | 0 | |u http://hdl.handle.net/10419/75690 |x Resolving-System |3 Volltext |
| 856 | 4 | 0 | |u http://www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=14560731 |x Verlag |3 Volltext |
| 936 | r | v | |a QC 000 |b Allgemeines |k Wirtschaftswissenschaften |k Wirtschaftstheorie, einschließlich Geldtheorie |k Allgemeines |0 (DE-627)1270877089 |0 (DE-625)rvk/141235: |0 (DE-576)200877089 |
| 951 | |a BO | ||
| 990 | |a Unternehmenssanierung | ||
| 990 | |a Einlagensicherung | ||
| 990 | |a Bankenkrise | ||
| 990 | |a Konzentration | ||
| 990 | |a Fonds | ||
| 990 | |a Finanzintermediäre | ||
| 992 | |a 20240805 | ||
| 993 | |a WorkingPaper | ||
| 994 | |a 2001 | ||
| 998 | |g 112787797 |a Gersbach, Hans |m 112787797:Gersbach, Hans |d 180000 |d 181000 |e 180000PG112787797 |e 181000PG112787797 |k 0/180000/ |k 1/180000/181000/ |p 2 |y j | ||
| 998 | |g 1318566207 |a Erlenmaier, Ulrich |m 1318566207:Erlenmaier, Ulrich |d 180000 |e 180000PE1318566207 |k 0/180000/ |p 1 |x j | ||
| 999 | |a KXP-PPN843639652 |e 4562940603 | ||
| BIB | |a Y | ||
| JSO | |a {"language":["eng"],"relMultPart":[{"titleAlt":[{"title":"CESifo working paper series"},{"title":"Working paper"},{"title":"CES working paper series"}],"id":{"eki":["340076984"],"zdb":["2065232-X"],"issn":["2364-1428"],"hdl":["10419/19"]},"recId":"340076984","disp":"CESifo Working Paper","note":["Gesehen am 30.04.25"],"corporate":[{"role":"aut","display":"CESifo GmbH"},{"display":"Ludwig-Maximilians-Universität München","role":"isb"}],"origin":[{"dateIssuedDisp":"1991-","publisherPlace":"München","dateIssuedKey":"1991","publisher":"[Verlag nicht ermittelbar]"}],"pubHistory":["Nr. 1.1991 -"],"dispAlt":"CESifo GmbH: CESifo working papers","language":["eng"],"physDesc":[{"extent":"Online-Ressource"}],"title":[{"title_sort":"CESifo working papers","title":"CESifo working papers"}],"part":{"number_sort":["59100"],"number":["591"]},"type":{"media":"Online-Ressource","bibl":"serial"}}],"id":{"eki":["843639652"],"hdl":["10419/75690"]},"recId":"843639652","type":{"bibl":"book","media":"Online-Ressource"},"origin":[{"dateIssuedDisp":"2001","publisher":"CESifo","publisherPlace":"München","dateIssuedKey":"2001"}],"name":{"displayForm":["Ulrich Erlenmaier; Hans Gersbach"]},"person":[{"display":"Erlenmaier, Ulrich","given":"Ulrich","role":"aut","family":"Erlenmaier"},{"given":"Hans","role":"aut","family":"Gersbach","display":"Gersbach, Hans"}],"title":[{"title_sort":"funds concentration effect and discriminatory bailout","title":"The funds concentration effect and discriminatory bailout"}],"physDesc":[{"extent":"Online-Ressource (50 S.)","noteIll":"graph. Darst."}]} | ||
| SRT | |a ERLENMAIERFUNDSCONCE2001 | ||