NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Incentive Conflict In Central-Bank Responses to Sectoral Turmoil in Financial Hub Countries

Edward J. Kane

NBER Working Paper No. 13593
Issued in November 2007

---- Acknowledgements -----

The author wishes to thank Ramon P. DeGennaro, Robert A. Eisenbeis, Richard Herring, James Moser, and James Thomson for comments that greatly improved the paper. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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