Crisis in Competitive Versus Monopolistic Banking Systems /
We study a monetary, general equilibrium economy in which banks exist because they provide intertemporal insurance to risk-averse depositors. A "banking crisis" is defined as a case in which banks exhaust their reserve assets. Under different model specifications, the banking industry is e...
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| Otros Autores: | , |
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2003.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2003/188 |
| Acceso en línea: | Full text available on IMF |