Too Big to Fail

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dc.contributor.advisor Billio, Monica it_IT
dc.contributor.author Gasparetto, Gianluca <1990> it_IT
dc.date.accessioned 2015-02-10 it_IT
dc.date.accessioned 2015-07-04T14:47:21Z
dc.date.available 2015-07-04T14:47:21Z
dc.date.issued 2015-03-02 it_IT
dc.identifier.uri http://hdl.handle.net/10579/6015
dc.description.abstract This thesis is about the Too Big To Fail problem, that is the financial firms that have been defined too large and that are so big that their failure could create problems for the whole economy. These too-big-to-fail institutions operated under an implicit government undertaking that, although it is a private business, in case of failure of their existence is guaranteed by the taxpayer through the Government who bailouts them. After a short introduction to the problem and the history of where they come from (both American and European side), it will be presented the intellectual debate, which connects different views of this problem, in particular why they did it, in relation to a moral hazard problem. Ignoring the colossal potential of creating conflicts of interest, regulators allowed the mega -banks to emerge because of industry’s insistence necessary that they were under new market conditions of global market integration and financial innovation. The supporters of conglomeration submitted that financial conglomerates created better returns for shareholders, due to economies of scale and efficiencies and diversification. Therefore, according to this view, consolidation strengthened the stability of financial institutions and thus the stability of the financial system. The crisis has demonstrated the falsity of these reasons. it_IT
dc.language.iso it_IT
dc.publisher Università Ca' Foscari Venezia it_IT
dc.rights © Gianluca Gasparetto, 2015 it_IT
dc.title Too Big to Fail it_IT
dc.title.alternative it_IT
dc.type Bachelor Thesis it_IT
dc.degree.name Economia e finanza it_IT
dc.degree.level Laurea magistrale it_IT
dc.degree.grantor Dipartimento di Economia it_IT
dc.description.academicyear 2013/2014, sessione straordinaria it_IT
dc.rights.accessrights openAccess it_IT
dc.thesis.matricno 845021 it_IT
dc.subject.miur it_IT
dc.description.note it_IT
dc.degree.discipline it_IT
dc.contributor.co-advisor it_IT
dc.date.embargoend it_IT
dc.provenance.upload Gianluca Gasparetto (845021@stud.unive.it), 2015-02-10 it_IT
dc.provenance.plagiarycheck Monica Billio (billio@unive.it), 2015-02-16 it_IT


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