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...

Полное описание

Библиографические подробности
Главный автор: Perraudin, W.
Другие авторы: Fries, Steven
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1991.
Серии:IMF Working Papers; Working Paper ; No. 1991/131
Online-ссылка:Full text available on IMF