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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Perraudin, W.
Weitere Verfasser: Fries, Steven
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1991.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1991/131
Online Zugang:Full text available on IMF