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...

Description complète

Détails bibliographiques
Auteur principal: Smith, Bruce
Autres auteurs: Boyd, John, De Nicolo, Gianni
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2003.
Collection:IMF Working Papers; Working Paper ; No. 2003/188
Accès en ligne:Full text available on IMF

Documents similaires