Bank insolvencies, priority claims and systemic risk
We review an extensive literature debating the merits of alternative priority structures for banking liabilities put forward by financial economists, legal scholars and policymakers. Up to now, this work has focused exclusively on the relative advantages of each group of creditors to monitor the act...
| Main Authors: | , |
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| Format: | Article |
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Springer
2016
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/37561/ |