Crisis Contracts
dc.contributor.author
Gersbach, Hans
dc.date.accessioned
2023-06-15T10:52:23Z
dc.date.available
2017-06-09T18:26:28Z
dc.date.available
2023-06-15T10:52:23Z
dc.date.issued
2011-04-02
dc.identifier.uri
http://hdl.handle.net/20.500.11850/44211
dc.description.abstract
When banks failed, the government paid up. But the bankers responsible kept their bonuses from the years of excess. This column argues for “crisis contracts”. Such contracts require that, in the event of a crisis, bank managers forfeit a portion of their past earnings to rescue the banking system.
en_US
dc.language.iso
en
en_US
dc.publisher
Centre for Economic Policy Research
en_US
dc.title
Crisis Contracts
en_US
dc.type
Other Publication
ethz.journal.title
VOX CEPR's Policy Portal
ethz.publication.place
London
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03729 - Gersbach, Hans / Gersbach, Hans
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03729 - Gersbach, Hans / Gersbach, Hans
ethz.tag
KOF-key-banken
en_US
ethz.date.deposited
2017-06-09T18:26:39Z
ethz.source
ECIT
ethz.identifier.importid
imp59364ed6f0dc423965
ethz.ecitpid
pub:73012
ethz.eth
yes
en_US
ethz.availability
Metadata only
en_US
ethz.rosetta.installDate
2017-07-12T10:42:04Z
ethz.rosetta.lastUpdated
2024-02-03T00:08:04Z
ethz.rosetta.versionExported
true
ethz.COinS
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