Sentence examples for implicit insurance from inspiring English sources

There are surely unintended consequences that come with such implicit insurance.

Neither its role in bolstering the institution of marriage nor its implicit insurance against divorce can be reason enough for so many hopefuls to overheat their own (and their parents') credit cards.

Stock prices reflect not only the expected future cash flows of a firm but also the extent to which those cash flows serve as a kind of implicit insurance for investors, paying off precisely when they need money.

In regressions that control for country, industry, and year fixed effects as well as other firm-level determinants, we find that corporate equity financing worldwide is cheaper when Big Four auditors monitor the financial reporting process, although this relation is weaker outside the U.S. where the implicit insurance coverage that auditors afford investors is much lower.

The subsample regressions show that these premiums are more likely to result from the provision of implicit insurance or flexibility in renegotiation by the inside bank and that they are more significant for firms whose inside banks are larger, those with a lower capital to asset ratio, or those in more concentrated loan markets.

At the hearing, Mr. Bernanke readily conceded that there is a "too big to fail" subsidy, in the form of cheaper funds than big banks would otherwise receive, because market participants think the government provides some downside protection, i.e., implicit insurance that limits losses.

And for this reason, it gives them an implicit federal insurance policy against failure unavailable to smaller banks — thereby adding to their economic and political power in the future.

And for this reason, it gives them an implicit federal insurance policy against failure unavailable to smaller banks -- thereby adding to their economic and political power in the future.

The prices of all forms of explicit and implicit financial insurance have skyrocketed and hence, by a basic identity, the prices of risky assets have plummeted or the corresponding markets have disappeared.

Given this implicit deposit-insurance system, many officials see the introduction of a formal insurance system as unnecessary (as do I .Imagine the catastrophe in the Chinese banking system today if the government had not recapitalised the banks a decade ago!

Public pensions, which are paid by taxpayers and thus enjoy an implicit form of insurance, are underfunded by a total of at least $300 billion and arguably much more.