---
title: Bankers’ Outside Options and Financial Risk
url: https://www.ml-quant.com/papers/repec/ajk-ajkdps-429/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-09
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:ajk:ajkdps:429
source_url: https://econpapers.repec.org/RePEc:ajk:ajkdps:429
featured: 2026-10-09
citations: unknown
topic: Risk, Credit & Banking
---


# Bankers’ Outside Options and Financial Risk

Improved job opportunities for bankers increase non-investment-grade lending and borrower risk without compensating spreads, raising systemic risk through weakened workplace discipline.

- Source: https://econpapers.repec.org/RePEc:ajk:ajkdps:429
- Identifier: RePEc:ajk:ajkdps:429
- Released: 2026-10-09
- First featured: Quant Letter No. 134 (2026-10-09): https://www.ml-quant.com/issues/2026-10-09/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Risk, Credit & Banking
- Authors: Valentin Kecht, Georg Schneider

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