Interest rates and the risk-taking incentives of bank CEOs

被引：0
|
作者：
Niu, Jijun [1 ]
机构：
[1] Simon Fraser Univ, Burnaby, BC, Canada
来源：
ECONOMICS BULLETIN | 2012年 / 32卷 / 02期
关键词：
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The risk-taking channel of monetary policy predicts a negative relationship between interest rates and the risk-taking incentives of bank CEOs.. Using a sample of U.S. banks over the period 1992-2006, we provide empirical evidence consistent with this prediction. Our finding holds for both short-term and long-term interest rates.
引用
收藏
页码：1555 / 1570
页数：16
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