Reciprocal deposits and incremental bank risk
Even after controlling for other observable factors, reciprocal deposits are associated with higher bank risk as measured by the probability of failure and the Z-score. These results are consistent with the moral hazard hypothesis and reject the risk substitution hypothesis.
No Reference information available - sign in for access.
No Citation information available - sign in for access.
No Supplementary Data.
Document Type: Research Article
Publication date: 2013-12-01