• Out-of-Stock

The Paulson Plan: Who Are the Winners? [extrait BMI 130]

Author :
€47.39
Quantity
Add to wishlist
Out-of-Stock

Version numérique PDF

The joint plan by the U.S. Treasury and the Federal Deposit Insurance Corporation (called the Paulson plan), announced on October 13, 2008, represented the largest financial transfer from taxpayers to financial institutions in U.S. history. Existing research has analyzed whether this massive state intervention improved the recipients? financial health, and thus in this study, we focus on its competitive distortion effects. Our investigation reveals that the Paulson plan was anything but neutral with respect to competition among industry participants. Both short- and long-term results confirm that the winners were the largest banks.JEL Codes: G2Keywords: TARP; The Paulson plan; Value Effect; Event Study; Distance to Default.

Auteurs :De Bodt Éric
Extrait de la revue BMI 130

BMI130-1117671
New

16 other products in the same category:

Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

Articles

  • Editor’s letter
  • HFT and Market Quality
  • On the Financial Performance of Socially Responsible Investments
  • Pension Reform in The Netherlands: Attractive Options for other Countries?
  • French Pensions Framework in an International Perspective
  • Optimal Asset Allocation for Sovereign Wealth Funds: Theory and Practice
  • Asset Class Liquidity Risk
Bankers, Markets &...
  • Out-of-Stock
Availability: Out of stock

Sommaire

Articles

  • Alpha or not Alpha: The Case of the Hedge Fund Industry
  • What Happens “Before the Birth” and “After the Death” of a Hedge Fund?
  • Hedge Fund Managers: Luck and Dynamic Assessment
  • A Time-Varying Performance Evaluation of Hedge Fund Strategies through Aggregation
  • Detecting Early Warnings for Hedge Fund Contagion
  • Edito
This website uses cookies to ensure you get the best experience on our website