Research Discussion Papers, Bank of Finland
No 25/2003:
Preventing systemic crises through bank transparency
Ari Hyytinen ()
and Tuomas Takalo ()
Abstract: The banking system is known to be vulnerable to
self-fulfilling crises that are caused by depositors’ coordination failure.
We show that transparency regulation may prevent certain types of systemic
crises by eliminating the possibility of the coordination failure.
Keywords: bank transparency; financial stability; disclosure regulation; (follow links to similar papers)
JEL-Codes: G21; G28; (follow links to similar papers)
30 pages, October 21, 2003
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