In the first weeks of the crunch he refused to pump cash into the financial system and insisted that "moral hazard" meant that some Banks should not be bailed out.
在信贷紧缩的最初几周里,他拒绝将资金注入金融系统,坚持认为“道德风险”意味着一些银行不应该被拯救。
Using a dynamic game model of incomplete information, this paper discusses the relations among financial crisis, regulators soft budget constraints and bankers moral hazard.
本文利用不完全信息动态博弈模型,探讨了金融危机、监管者的软预算约束与银行道德风险之间的关系。
To be profitable, financial institutions must overcome the adverse selection and moral hazard problems that make loan defaults more likely.
是有利润又财政的机构一定克服不利的选择和道德危险使贷款假设值变成更有可能的问题。
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