The Library
On dividend restrictions and the collapse of the interbank market
Tools
Tools
Tools
Goodhart, C. A. E., Peiris, Mahatelge Udara, Tsomocos, D. P. and Vardoulakis, A. P. (2010) On dividend restrictions and the collapse of the interbank market. Annals of Finance, Vol.6 (No.4). pp. 455-473. doi:10.1007/s10436-010-0147-5 ISSN 1614-2446.
Research output not available from this repository.
Request-a-Copy directly from author or use local Library Get it For Me service.
Official URL: http://dx.doi.org/10.1007/s10436-010-0147-5
Abstract
Until recently, financial services regulation remained largely segmented along national lines. The integration of financial markets, however, calls for a systematic and coherent approach to regulation. This paper studies the effect of market based regulation on the proper functioning of the interbank market. Specifically, we argue that restrictions on the payout of dividends by banks can reduce their expected default on (interbank) loans, stimulate trade in this market and improve the welfare of consumers.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HG Finance | ||||
| Divisions: | Faculty of Social Sciences > Economics | ||||
| Journal or Publication Title: | Annals of Finance | ||||
| Publisher: | Springer | ||||
| ISSN: | 1614-2446 | ||||
| Official Date: | 2010 | ||||
| Dates: |
|
||||
| Volume: | Vol.6 | ||||
| Number: | No.4 | ||||
| Number of Pages: | 19 | ||||
| Page Range: | pp. 455-473 | ||||
| DOI: | 10.1007/s10436-010-0147-5 | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access |
Request changes or add full text files to a record
Repository staff actions (login required)
 |
View Item |
