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- Title
Too big to fail: some empirical evidence on the causes and consequences of public banking interventions in the United Kingdom.
- Authors
Rose, Andrew K.; Wieladek, Tomasz
- Abstract
The article discusses a study that determines the style and recipients of public interventions. It suggests that to maintain future financial stability proper understanding of the vulnerabilities and the effectiveness of public sector help in stabilising individual banks' funding is important. It adds that the size of a bank is an important determinant of key public British banking interventions and government funding or central bank liquidity insurance schemes.
- Subjects
UNITED Kingdom; BRITISH banking industry; INTERVENTION (International law); LIQUIDITY (Economics); PUBLIC sector; ECONOMIC structure; CENTRAL banking industry
- Publication
Bank of England Quarterly Bulletin, 2012, Vol 52, Issue 3, p251
- ISSN
0005-5166
- Publication type
Article