Banking Policy and the Pricing of Deposit Guarantees : A New Approach /

This paper describes a new approach to pricing government deposit guarantees that uses techniques of stochastic process switching employed in the recent literature on exchange rate determination. Our model avoids inconsistent assumptions about the information available to investors and the governmen...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Perraudin, W.
مؤلفون آخرون: Fries, Steven
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1991.
سلاسل:IMF Working Papers; Working Paper ; No. 1991/131
الوصول للمادة أونلاين:Full text available on IMF