The effect of solvency regulation to a bank

Akira Momota, Yasuo Maeda

研究成果: Article査読

抄録

In this paper, we investigate how the solvency regulation of a bank affects resource allocation and welfare. We show that a banker's expected profit always decreases due to the solvency regulation, and more importantly, each depositor's expected utility is not necessarily improved by the solvency regulation in general. We also investigate how allocative efficiency measured by Kaldor criteria changes due to the solvency regulation, and show that the regulation increases the efficiency measured by this criteria if and only if the total amount of investment in a project increases in the economy.

本文言語English
ページ(範囲)163-191
ページ数29
ジャーナルJapan and The World Economy
16
2
DOI
出版ステータスPublished - 2004 4月

ASJC Scopus subject areas

  • 財務
  • 経済学、計量経済学
  • 政治学と国際関係論

フィンガープリント

「The effect of solvency regulation to a bank」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル