Objectif
Plan
- Liquidity creation, bank runs and deposit insurance.
- Creation of information-insensitive debt and funding dry-ups.
- Delegated monitoring and relationship banking.
- Information frictions in banking.
- Industrial organization of banking.
- Credit crunches.
- Central banks and monetary policy transmission.
- Risk-taking and bank regulation.
- Loan sales and securitization.
- Money market funds.
- Mutual funds and hedge funds.
- Credit rating agencies.
