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Duchin et al., 2014 - Google Patents

Safer ratios, riskier portfolios: Banks׳ response to government aid

Duchin et al., 2014

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Document ID
11179128190970219201
Author
Duchin R
Sosyura D
Publication year
Publication venue
Journal of Financial Economics

External Links

Snippet

Using novel data on bank applications to the Troubled Asset Relief Program (TARP), we study the effect of government assistance on bank risk taking. Bailed-out banks initiate riskier loans and shift assets toward riskier securities after receiving government support …
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