Financial intermediation and endogenous risk in the banking sector

Eckwert B, Broll U, Eickhoff A (2012)
Economic Modelling 29(5): 1618-1622.

Zeitschriftenaufsatz | Veröffentlicht| Englisch
 
Download
Es wurde kein Volltext hochgeladen. Nur Publikationsnachweis!
Autor/in
Eckwert, BernhardUniBi; Broll, Udo; Eickhoff, Andreas
Abstract / Bemerkung
The paper revisits the impact of uncertainty on the decision problem of a bank. The bank extends risky loans to private investors and sells deposits to savers at fixed rates. The uncertainty under which deposit/loan-portfolios are chosen by banks is endogenized through an information system that conveys public signals about the return distribution of bank loans. Transparency in the banking sector is defined in terms of the reliability of these signals. We find that higher transparency always raises expected bank profits, but may lead to a higher or lower expected loan volume. Moreover, higher transparency may reduce economic welfare. (C) 2012 Elsevier B.V. All rights reserved.
Stichworte
Financial intermediation; Market transparency; Banking firm
Erscheinungsjahr
2012
Zeitschriftentitel
Economic Modelling
Band
29
Ausgabe
5
Seite(n)
1618-1622
ISSN
0264-9993
Page URI
https://pub.uni-bielefeld.de/record/2536241

Zitieren

Eckwert B, Broll U, Eickhoff A. Financial intermediation and endogenous risk in the banking sector. Economic Modelling. 2012;29(5):1618-1622.
Eckwert, B., Broll, U., & Eickhoff, A. (2012). Financial intermediation and endogenous risk in the banking sector. Economic Modelling, 29(5), 1618-1622. doi:10.1016/j.econmod.2012.05.015
Eckwert, B., Broll, U., and Eickhoff, A. (2012). Financial intermediation and endogenous risk in the banking sector. Economic Modelling 29, 1618-1622.
Eckwert, B., Broll, U., & Eickhoff, A., 2012. Financial intermediation and endogenous risk in the banking sector. Economic Modelling, 29(5), p 1618-1622.
B. Eckwert, U. Broll, and A. Eickhoff, “Financial intermediation and endogenous risk in the banking sector”, Economic Modelling, vol. 29, 2012, pp. 1618-1622.
Eckwert, B., Broll, U., Eickhoff, A.: Financial intermediation and endogenous risk in the banking sector. Economic Modelling. 29, 1618-1622 (2012).
Eckwert, Bernhard, Broll, Udo, and Eickhoff, Andreas. “Financial intermediation and endogenous risk in the banking sector”. Economic Modelling 29.5 (2012): 1618-1622.