Open AccessCollective Moral Hazard, Maturity Mismatch and Systemic Bailouts
Author(s) -
Emmanuel Farhi,
Jean Tirole
Publication year - 2009
Language(s) - Uncategorized
Resource type - Reports
DOI - 10.3386/w15138
Subject(s) - moral hazard , maturity (psychological) , systemic risk , hazard , political science , economics , biology , law , ecology , microeconomics , keynesian economics , financial crisis , incentive