Focus on banks’ incentives must continue post-crisis: Bank’s Bean


The financial crisis has highlighted the need to understand banks' incentives, and central banks must continue watching and analysing these in good times, Charles Bean, a deputy governor of the Bank of England, said on Saturday.

Presenting a paper co-authored with Matthias Paustian, Adrian Penalver and Tim Taylor at the Kansas Federal Reserve's annual symposium in Jackson Hole, Wyoming, Bean noted that pre-crisis literature focused on financial frictions caused by the behaviour of borrowers. The

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: