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Ifo Institute, 2008

"Risk Taking, Limited Liability, and the Banking Crisis" - Selected Reprints by Hans-Werner Sinn

Risk Taking, Limited Liability, and the Banking Crisis

The volume includes theoretical articles on banks’ liability restrictions, on the possible causes of the banking crisis and economic-policy recommendations on banking regulation by Hans-Werner Sinn in the past three decades.

Details

Risk Taking, Limited Liability, and the Banking Crisis. Selected Reprints
Hans-Werner Sinn
Ifo Institute: Munich, 2008
ISBN-13: 978-3-88512-482-5

Contents and Downloads

Preliminaries and Contents
(PDF, 20 KB)

Preface by Martin Hellwig
(PDF, 229 KB)

"From Bricks to Cheese: The Competition of Laxity"
WirtschaftsWoche 46, 10 November 2008, p. 62
(Reprint version PDF, 230 KB)

"What Can be Learned from the Banking Crisis"
Ifo Viewpoint 100, 2008
WirtschaftsWoche, no. 42, 13 October 2008, p. 64–65; additionally printed in CESifo Forum 9(4), 2008
(Reprint version PDF, 250 KB | Original version HTML)

"Plugging the Leaks: What Caused the Banking Crisis?"
Ifo Viewpoint 99, 2008
The Japan Times (Japan), 17 October 2008; The Korea Herald (South Korea), Business World (Philippines), Ekonom (Czech Republic), Aripaev (Estonia), Danas (Serbia), Tyzden (Slovakia), Bahrain Tribune (Bahrain), Daily Star (Lebanon), L’Orient le Jour (Lebanon), Al Raya (Qatar), Al Eqtisadiah (Saudi Arabia), Real Clear Markets (USA), Financial Week (USA)
(Reprint version PDF, 247 KB | Original version HTML)

"Lemon Banking"
Ifo Viewpoint 94, 2008
Börsen-Zeitung, no. 81, 26 April 2008, p. 7; Les Echos (Mali), The Australian Financial Review (Australia), The Independent (Bangladesh), The Financial Express (India), Jakarta Post (Indonesia), The Japan Times (Japan), The Korea Herald (South Korea), Business World (Philippines), L'Echo (Belgium), Dnevnik (Bulgaria), Poslovni Dnevnik (Croatia), Aripaev (Estonia), Taloussanomat (Finland), Vilaggazdasag (Hungary), Tageblatt (Luxembourg), Logos Press (Moldova), Het Financieele Dagblad (Netherlands), Diario Economico (Portugal), Tyzden (Slovakia), Expansion (Spain), L'Agefi (Switzerland), La Prensa (Panama), Al Tijaria (Bahrain), Al Jarida (Kuwait), Al Raya (Qatar), Diario Las Americas (USA), The International Economy (USA)
(Reprint version PDF, 249 KB | Original version HTML)

"Whither Systems Competition?"
Ifo Viewpoint 28, 2001
(Reprint version PDF, 242 KB | Original version HTML)

"Risktaking, Limited Liability and the Competition of Bank Regulators"
Chapter 7 of The New Systems Competition, Yrjö Jahnsson Lectures, Oxford: Blackwell, 2003, p. 150–177; reprinted in Finanzarchiv 59, 2003, p. 305–329
(Reprint version PDF, 5.7 MB)

"Competition of Bank Regulators: A More Optimistic View"
A Comment on the Paper by Hans-Werner Sinn by Ernst Baltensperger
Finanzarchiv 59, 2003, p. 330–335
(Reprint version PDF, 2.3 MB)

"Can National Banking Systems Compete?"
A Comment on the Paper by Hans-Werner Sinn by Peter Spencer
Finanzarchiv 59, 2003, p. 336–339
(Reprint version PDF, 1.5 MB)

"Asymmetric Information, Bank Failures, and the Rationale for Harmonizing Banking Regulation"
A Rejoinder on Comments of Ernst Baltensperger and Peter Spencer
Finanzarchiv 59, 2003, p. 340–346
(Reprint version PDF, 2.6 MB)

"Lemon Banks and Bank Regulation"
from "The New Systems Competition," Perspektiven der Wirtschaftspolitik 5, 2004, p. 23–38, here p. 33–34
(Reprint version PDF, 3.6 MB)

"Kinked Utility and the Demand for Human Wealth and Liability Insurance"
from European Economic Review 17, 1982, p. 149–162
(Reprint version PDF, 4 MB or alternative version PDF, 786 KB)

"The Bloos Rule"
from Economic Decisions under Uncertainty, Amsterdam, New York and Oxford: North Holland, 1983, p. 163–182. Translation of "Ökonomische Entscheidungen bei Ungewißheit," Tübingen: J. C. B. Mohr (Paul Siebeck), 1980, p. 172–192.
(Reprint version PDF, 10.1 MB or alternative version PDF, 1.65 MB)

"The Theory of Currency Speculation"
from Economic Decisions under Uncertainty, Amsterdam, New York and Oxford: North Holland, 1983, p. 275–295. Translation of "Ökonomische Entscheidungen bei Ungewißheit," Tübingen: J. C. B. Mohr (Paul Siebeck), 1980, p. 287–309.
(Reprint version PDF, 7 MB or alternative version PDF, 1.7 MB)

"Theory of Insurance Demand"
from Economic Decisions under Uncertainty, Amsterdam, New York and Oxford: North Holland, 1983, p. 295–334. Translation of "Ökonomische Entscheidungen bei Ungewißheit," Tübingen: J. C. B. Mohr (Paul Siebeck), 1980, p. 310–349
(Reprint version PDF, 13.2 MB or alternative version PDF, 3.2 MB)