Showing 1 - 10 of 190
Persistent link: https://www.econbiz.de/10012612501
Persistent link: https://www.econbiz.de/10011731810
Persistent link: https://www.econbiz.de/10011674334
Persistent link: https://www.econbiz.de/10012023955
Persistent link: https://www.econbiz.de/10012025725
Banks are intrinsically fragile because of their role as liquidity providers. This results in under-provision of liquidity. We analyze the e¤ect of government guarantees on the interconnection between banks' liquidity creation and likelihood of runs in a model of global games, where banks.and...
Persistent link: https://www.econbiz.de/10011637315
Persistent link: https://www.econbiz.de/10011306474
Joseph R. Mason (2003), 'Fundamentals, Panics, and Bank Distress During the Depression', American Economic Review, 93 (5 … Economic Perspectives, 17 (4), Fall, 51-74 -- John Bryant (1980), 'A Model of Reserves, Bank Runs, and Deposit Insurance …', Journal of Banking and Finance, 4 (4), December, 335-44 -- Douglas W. Diamond and Philip H. Dybvig (1983), 'Bank Runs, Deposit …
Persistent link: https://www.econbiz.de/10011852214
during both bank crises and market crashes, with the bond market moving the same direction as bank credit. The result …, however, is significant for market-based countries but not significant for bank-based countries. As emerging markets are … mainly bank-based it may provide an explanation why it takes more time for them to recover from economic downturn after a …
Persistent link: https://www.econbiz.de/10011893193
Persistent link: https://www.econbiz.de/10001516094