Financial Globalization and the Governance of Domestic Financial Intermediaries
Financial Globalization and the Governance of Domestic Financial Intermediaries
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Author / Creator
Publisher
Malden, USA: Blackwell Publishing Inc
Journal title
Language
English
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Publisher
Malden, USA: Blackwell Publishing Inc
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Scope and Contents
Contents
We model a small open economy in which both domestic financial intermediaries and entrepreneurs face incentive constraints, as in Holmstrom and Tirole (1997), to study the general equilibrium impact of various types of capital inflows on the efficiency and governance of domestic banks. Banks have an advantage in monitoring firms, but the latter can...
Alternative Titles
Full title
Financial Globalization and the Governance of Domestic Financial Intermediaries
Authors, Artists and Contributors
Author / Creator
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TN_cdi_hal_primary_oai_HAL_halshs_00754560v1
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_hal_primary_oai_HAL_halshs_00754560v1
Other Identifiers
ISSN
1542-4766
E-ISSN
1542-4774
DOI
10.1111/j.1365-2966.2010.01003.x