In chapter 2, we study the effects of fully implicit insurance on the risk-taking of banking.

第二章研究了完全隐性保险政策对银行风险承担行为的影响。

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Deposit insurance includes two forms: implicit and explicit.

存款保险有显性和隐性两种形式。

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To put it yet another way, Germany is not ready - and may never be ready - to provide implicit insurance and underwriting for loans and investments made by Spanish banks, or Italian banks or French banks.

BBC: Eurozone banking union that works for Britain?

But if investors and creditors regard the proposals as credible, if banks are no longer considered too big to fail, the costs for banks of raising money would rise: as you will have deduced, the risks of investing in and lending to banks increases in proportion to the perceived reduction in the implicit insurance against failure they receive from the state.

BBC: The cost of making big banks safe