Exogenous Shocks, Deposit Runs and Bank Soundness : A Macroeconomic Framework /
In a model where all banks are initially solvent, an exogenous shock affects confidence, causing a flight from deposits into domestic and foreign currency. Real interest rates increase unexpectedly, affecting firms and raising the share of the banks' nonperforming assets. This increase causes g...
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1997.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1997/091 |
| Online Erişim: | Full text available on IMF |