Brighi, Paola - In: STUDI ECONOMICI 2001/75 (2001) 75
<i> Shock di liquidità e crisi bancarie: fallimento o corse agli sportelli? </i> (di Paola Brighi) - ABSTRACT: In this paper, we show that, contrary to Diamond and Dybvig’s [1983] model and further developments, bank runs are not the only cause of liquidity crises; even a quite prudent ex-ante...