The effects of bail-ins on bail-out expectations in the European Banking sector

In the aftermath of the Great Recession, sovereign guarantees and the associated bail-out ex-pectations caused a distortion in the cost of funding and risk-taking behaviour of financial in-stitutions. The Bank Recovery and Resolution Directive (BRRD) aims to achieve financial sta-bility through tran...

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Bibliographic Details
Main Author: Edelmann, Bernd Michael Kay (author)
Format: masterThesis
Language:eng
Published: 2017
Subjects:
Online Access:http://hdl.handle.net/10400.14/22575
Country:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/22575