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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Format: | masterThesis |
Language: | eng |
Published: |
2017
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Online Access: | http://hdl.handle.net/10400.14/22575 |
Country: | Portugal |
Oai: | oai:repositorio.ucp.pt:10400.14/22575 |