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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Perraudin, W.
מחברים אחרים: Fries, Steven
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 1991.
סדרה:IMF Working Papers; Working Paper ; No. 1991/131
גישה מקוונת:Full text available on IMF