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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Perraudin, W.
Rannpháirtithe: Fries, Steven
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1991.
Sraith:IMF Working Papers; Working Paper ; No. 1991/131
Rochtain ar líne:Full text available on IMF